Construction spending slipped 0.1% in January, the first decline since July, the Commerce Department said Thursday.
The decrease followed a revised 1.4% gain in December that was slightly lower than originally reported, Commerce said.
Economists had forecast a 1% increase in January, Bloomberg reported.
Private construction spending was unchanged, while homebuilding spending gained 1.8%.
Public construction declined 0.2%, with federal construction spending falling by 5.5%.
Construction spending can boost demand for trucking services because spending increases the number of shipments of goods and building materials.
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