Construction spending in U.S. jumped by much more than expected in the month of April, according to a report released by the Commerce Department on Thursday. The Commerce Department said construction spending surged by 1.2 percent to an annual rate of $1.908 trillion in April after rising by 0.3 percent to a revised rate of $1.885 trillion in March.
Read Full Story
Latest posts by Top News Editor (see all)
- U.S. Dollar Inches Up To Highest Levels In Ten Months - September 26, 2023
- U.S. Consumer Confidence Index Slumps Much More Than Expected September - September 26, 2023
- U.S. New Home Sales Pull Back Sharply Off Highest Level In Well Over A Year - September 26, 2023