U.S. Construction Spending Jumps Much More Than Expected In April

Construction spending in U.S. jumped by much more than expected in the month of April, according to a report released by the Commerce Department on Thursday. The Commerce Department said construction spending surged by 1.2 percent to an annual rate of $1.908 trillion in April after rising by 0.3 percent to a revised rate of $1.885 trillion in March.Original Article