NEW YORK (CNN/Money) - Construction spending climbed 0.4 percent in August, meeting Wall Street expectations and suffering minimal impact from Hurricane Katrina, according to a government report Monday.

The Commerce Department said construction spending rose to a seasonally adjusted annual rate of $1.108 trillion in August, up from July's annual rate of $1.104 trillion.

The August figures matched expectations of economists polled by Reuters.

The Commerce Department said that Hurricane Katrina's impact on construction spending figures would be slight after it slammed into the Gulf Coast nearly a month ago since the states that suffered the greatest damage -- Louisiana, Alabama and Mississippi -- accounted for just 3 percent of total construction spending last year.

Spending in the private sector, which included both residential and office spaces, rose 0.4 percent to $858 billion in August from July.

Spending rose 0.5 percent in the public sector to $250 billion in August.

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