TABLE-U.S. April construction spending rose 2.7 pct

June 1 (BestGrowthStock) – U.S. Commerce Department seasonally adjusted annual rates of construction spending, with comparisons:
PERCENT CHANGE: April March April10/09
Total Spending 2.7 0.4 -10.5
Private Spending 2.9 -0.5 -13.5

Residential 4.4 unch 4.1

Lodging 0.8 -8.8 -60.6

Office -1.7 -4.7 -36.4

Commercial -2.9 -1.3 -37.0

Transportation -0.3 1.6 -10.7

Manufacturing 2.7 1.8 -31.3
Public Spending 2.4 2.0 -4.4

Educational 0.4 -3.1 -17.6

Highways/streets 3.6 3.0 5.1

BILLIONS OF U.S. DOLLARS:

April March April09
Total Spending 869.1 845.9 971.4
Private Spending 565.8 549.7 654.1

Residential 263.0 251.9 252.7

Lodging 11.9 11.8 30.2

Office 27.8 28.3 43.7

Commercial 39.2 40.3 62.1

Transportation 8.4 8.4 9.4

Manufacturing 57.8 56.3 84.1
Public Spending 303.3 296.2 317.2

Educational 74.7 74.4 90.7

Highways/streets 84.3 81.3 80.2

PREVIOUSLY REPORTED PCT CHANGES:

March Feb

Total Spending 0.2 -2.1

Private Spending -0.9 -2.4

Public Spending 2.3 -1.6

FORECAST:

Reuters survey of Wall Street economists forecast:

U.S. April construction spending unchanged

Stock Market Research

TABLE-U.S. April construction spending rose 2.7 pct