US construction spending for the month of September -1.9% versus 0.3% estimate

Prior month +0.9% revised to +2.0%. Details from the Census Department Total construction spending: −1.9% MoM, at a seasonally adjusted annual rate of $2,186.1 billion, versus August’s revised $2,227.4 billion. Prior month revised higher to 2.0% from +0.9%. Year-over-year…