Bloomberg report: Construction spending rises for second straight month

Tina Grady Barbaccia - Jun 02, 2011

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 ...

Construction spending down to $846.2 billion, lowest in 7 years

Tina Grady Barbaccia - Apr 05, 2010

Construction spending in the U.S. fell in February to the lowest level in more than seven years, according to an April 1 Bloomberg report. The report noted that the 1.3 percent decrease to $846.2 billion, the lowest since November 2002, followed a revised 1.4 ...