India, Nov. 2 -- Construction spending in the U.S. unexpectedly pulled back sharply in the month of September, according to a report released by the Commerce Department on Monday.
The report said construction spending tumbled by 1.9 percent to an annual rate of $2.186 trillion in September after surging by 2.0 percent to a revised rate of $2.227 trillion in August.
Economists had expected construction spending to climb by 0.4 percent compared to the 0.9 percent increase originally reported for the previous month.
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