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<p>U.S. Construction Spending Rose 0.3% in May to $988.5 Billion July 1 (Bloomberg) -- U.S. construction spending rose 0.3 percent in May to a record annual pace of $988.5 billion, led by work on housing, a government report showed.</p> <p>The increase, the fourth in a row, followed a revised gain of 1.2 percent in April, the Commerce Department said in Washington. Residential construction, accounting for more than half the total, rose 0.8 percent to a record $532.3 billion.</p>

Download in PDF format     Get free software to read and download PDF files. For Immediate Attention                                                             December 10, 2003   New Data Show Economic Decline in Third Quarter of 2000    WASHINGTON, D.C. - Newly revised data released by the Commerce Department reveal that the U.S. economy was in decline in the third quarter of 2000, before posting a small increase in the fourth quarter of the year, Vice Chairman Jim Saxton said today. The Commerce Department data show that real GDP fell at a 0.5 percent rate in the third quarter of 2000, pulling down the growth rate for...