Relevant:
- Construction Spending Declines in March
- Construction Spending Declines in April
- Residential Construction Spending Continues to Decline. Is That a Good Thing?
- Construction Spending in U.S. Rose 0.4% in April on Home Improvement Gains
- U.S. Construction Spending Unexpectedly Increases on Government Programs
2009-06-01 — minyanville.com
"The explanation for the April gain of 0.7% from March lies in the fact that private sector residential spending excluding new homes was up 8.9% in April. This means folks were spending money fixing up or re-modeling what they have.%"
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