2 May 2001, 10:59 US construction spending rises 1.3% in March
Washington, May 1 (BridgeNews) - U.S. construction spending rose a
stronger-than-projected 1.3% in March, the fifth consecutive monthly
increase.
The record total $854.4 billion in spending was boosted by non-residential
construction, which jumped 3.4%. Wall Street analysts were expecting
overall spending to inch up just 0.2%.
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