U.S. Construction Sees Another Jump

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construction spendingThe U.S. construction market has seen another rise in construction spending for April.

U.S. Construction spending has rose to the highest level in six years.  Construction spending rose 2.2% to $1 trillion.  This is the highest level since November 2008.

There was a .6% rise in residential construction and 3.1% rise in non-residential construction.  Government projects increased by 3.3% - the largest jump in three years.

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