U.S. Construction Spending Hit 2.5-Year High in May
Jul 2nd 2012 11:30AM
WASHINGTON, July 2 (Reuters) - U.S. construction spending rose to its highest level in nearly two and a half years in May as investment in residential and federal government projects surged, a rare dose of good news for the flagging economic recovery. Construction spending increased 0.9 percent to an annual rate of $830... Continue Reading »



