Please ensure Javascript is enabled for purposes of website accessibility
Home / AP News / US construction spending up 1.8 percent in April to record

US construction spending up 1.8 percent in April to record

U.S. construction spending surged 1.8 percent to a record high in April as home-building rose by the largest amount in 24 years. The April gain reversed a 1.7 percent drop in March, the Commerce Department reported Friday. The strength stemmed from a sizable 4.5 percent rise in residential construction, the biggest percentage gain since November 1993. ...

Leave a Reply

Your email address will not be published. Required fields are marked *

*