Construction Spending (May 2)

Construction Spending increased by 1.4% to $768.9 billion during March, against expectations that the figure would increase by 0.4%, after decreasing by 1.4% in February. Year over year, construction spending had declined by 6.7% from the March 2010 estimate of $824.0 billion. The ISM Manufacturing Index decreased to 60.4 in April, following a decrease to [...]