http://www.fxstreet.com/fundamental/economic-indicators/us-construction-spending-fell-in-may/http://www.fxstreet.com/fundamental/http://mediaserver.fxstreet.com/images/fxstreet-provider-logo1-en.gif7http://www.fxstreet.com/fundamental/economic-indicators/us-construction-spending-fell-in-may/2009-07-02.htmlTotal construction spending fell 0.9 percent in May, slightly more than expectations. This month’s report includes revisions dating back to January 2007. The residential component fell 3.5 percent. Nonresidential construction spending rose 0.1 percent due to a spike in power and manufacturing which were both likely driven by the increase in oil prices. Residential Construction Spending Looking for Bottom Construction spending fell 0.9 percent with private residential construction spendingThu, 02 Jul 2009 06:55:49 GMThttp://www.fxstreet.com/fundamental/economic-indicators/sam.bullard@wachovia.com (Wachovia)http://www.fxstreet.com/fundamental/economic-indicators/us-construction-spending-fell-in-may/2009-07-02.html