We just celebrated Memorial Day, an American holiday observed on the last Monday of May, that honors men and women who died while serving in the U.S. military. Originally known as Decoration Day, it originated in the years following the Civil War and became an official federal holiday in 1971. Many Americans observe Memorial Day...Continue Reading

The seasonally adjusted annual rate of construction spending fell 1.8% in April to an estimated $1,133.9 billion. March’s estimate was substantially revised up from $1,137.5 billion to $1,155.1 billion. February’s estimate, which was previously at an estimated $1,133.6 billion, was also revised up to $1,137.9 billion. Despite the month to month drop, April estimate is...Continue Reading