US construction spending jumps
Published by Joseph Green,
In May 2015, US construction spending grew to its highest level in over six and a half years. Outlays increased across the industry, the latest sign of momentum in the economy.
Reaching the highest level since October 2008, construction spending increased 0.8% to an annual rate of US$1.04 trillion.
In May, construction spending was lifted by a 0.9% increase in private construction spending reaching the highest level since July 2008. Spending on private residential construction also rose 0.3%.
Edited from source by Joseph Green. Source: Reuters
Read the article online at: https://www.worldcement.com/the-americas/03072015/may-us-construction-spending-grew-97/
You might also like
Ideas on emergency interting
Achim Rott, robecco, describes the mechanics behind emergency inerting systems, explaining the correct procedures to ensure the buildup of combustible dust does not lead to fires and explosions.