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Bloomberg report: Construction spending rises for second straight month

Tina Grady Barbaccia

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.

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.

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Bloomberg Commerce Department construction spending construction spending in the U.S. rises in April

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