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Construction spending rises unexpectedly

Original post made by ralph, Birdland, on Aug 3, 2009

WASHINGTON – Construction spending rose for the second time in three months in June as residential building increased and government-funded infrastructure projects jumped.

The report provides fresh evidence the housing sector may be recovering, while the rise in government spending was partly due to the Obama administration's $787 billion stimulus package, economists said.

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Posted by Name hidden
a resident of Ridgeview Commons

on Jun 2, 2017 at 8:37 pm

Due to repeated violations of our Terms of Use, comments from this poster are automatically removed. Why?


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