U.S. Construction Spending Unexpectedly Tumbles 2.1% In May

Construction spending in the U.S. unexpectedly saw a continued decrease in the month of May, according to a report released by the Commerce Department on Wednesday. The Commerce Department said construction spending tumbled by 2.1 percent to an annual rate of $1.356 trillion in May after plunging by 3.5 percent to a revised rate of $1.386 trillion in April.Original Article