Tag Archives: Construction Spending

Construction Spending Hits Highest Level in 5 Years

Market Analysis: WASHINGTON — U.S. construction spending rebounded strongly to hit its highest level in more than 5½ years in July as private construction increased and state and local government outlays surged, in a further sign of vigor in the … Continue reading

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Construction Spending Rises but Less Than Projected

WASHINGTON — U.S. construction spending rose less than expected in May, which could prompt a further downgrading of second-quarter economic growth estimates. Construction spending edged up 0.1 percent to an annual rate of $956.1 billion, the Commerce Department said Tuesday. … Continue reading

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