Construction spending has small gain

Construction spending increased 0.1% in March after two consecutive months of declines, the Commerce Department reported. Spending on single-family homes and commercial projects increased, offsetting declines from state and local government. March's total spending of an annual rate of $808.1 billion is 6% higher than a year earlier, which marked a 12-year low.

View Full Article in:

U.S. construction spending increased slightly in March - Detroit News, The

Published in Briefs: