USA: Construction spending rises faster than expected

WASHINGTON (dpa-AFX) – In the USA, spending on construction projects increased more in May than experts had expected. Compared to the previous month, they rose by 0.9 percent, as the US Department of Commerce announced on Monday in Washington. Economists had expected an average increase of 0.6 percent. In April, spending had increased by 0.4 percent./jsl/he

ttn-28