Aggregates Manager » Bloomberg report: Construction spending rises for second straight month

Bloomberg report: Construction spending rises for second straight month

Posted By Tina Grady Barbaccia On June 2, 2011 @ 8:47 am In Aggbeat Online,Aggman Newsletter,Economics | No Comments

Construction spending in the U.S. rose in April for a second straight month as home-improvement expenditures increased along with construction of schools and power plants, Bloomberg reports. ^[1]

^[1]

The news agency says that the 0.4-percent gain followed a revised 0.1 percent increase in March that was smaller than previously estimated, Commerce Department figures showed. ^[1]

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[1] Construction spending in the U.S. rose in April for a second straight month as home-improvement expenditures increased along with construction of schools and power plants, Bloomberg reports.: http://www.bloomberg.com/news/2011-06-01/construction-spending-in-u-s-rose-0-4-in-april-on-home-improvement-gains.html

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