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multi-family housing

A construction worker is shown at work on a multi-unit residential housing project in Encinitas, California, U.S., July 28, 2025. REUTERS/Mike Blake/File Photo
Aug 3, 2026

US construction spending unexpectedly falls in June

U.S. construction spending fell 0.1% in June as higher mortgage rates weighed on homebuilding, marking a 3.2% year-over-year decline.

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