US construction spending posts surprising 0.8 pct gain in April

Discussion in 'Economics' started by Kassz007, Jun 1, 2009.

  1. I was thinking the same thing. When I first saw this report I thought that would be the only reason for the increase. I'm not one of those bears who discredits everything the government releases as bullshit and manipulated so I will give them the benefit of the doubt. So if the data is true (let's assume it is for argument sake, if not reality), does this mean an even bigger/prolonged increase is ahead of us once government spending kicks in?