US construction spending rose 0.4 percent in May

Spending on U.S. construction projects edged up 0.4 percent in May, while April's figure was revised down significantly — signs that new building is still uneven despite a growing economy. The uptick in May brought total construction spending to a seasonally adjusted all-time high of $1.31 trillion, 4.5 percent higher than a year ago, the Commerce ...

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US construction spending rose 0.4 percent in May

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