| 03.07.2012 - US construction spending rose 0.9 pct in May, boosted by housing and commercial projects |
| A surge in homebuilding pushed U.S. construction spending up by the largest amount in five months, the latest indication that the housing sector is slowly recovering. Construction spending rose 0.9 percent in May from April, the Commerce Department reported Monday. It was the second straight monthly increase and the biggest percentage gain since December...............................................Full Article: Source |