US construction spending hits biggest gain since 2007

U.S. construction spending is on a roll toward a $1 trillion volume in 2015 marking the best year for construction volume since 2007. Construction volume in April, the latest month for which data are available, is up 9.7 percent over March to the tune of $81 billion. The data from the U.S. Census Bureau uses the monthly data trends to project the volume for the year. If the $1 trillion threshold is crossed, 2015 will be the best year for construction volume since before the recession. Monthly…
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