World, As Seen from the most beautiful islands: Ireland and Cyprus

US industry grew less than experts have expected

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Construction expenditure in the United States increased less than expected in March. This was shown on Monday by figures from the US government.

In March, construction expenditure increased by 0.2 percent on a monthly basis. Economists expected an average increase of 1.8 percent in advance. On an annual basis, march saw an increase of 5.3 per cent.

Industrial activity in the United States continued to increase in April. This was shown on Monday by figures from Markit Economics.

The index rose from 59.1 in March to 60.5 last month. A preliminary estimate indicated an increase to 60.6.

An index position of more than 50 indicates growth, while a figure below 50 indicates contraction.

Industrial activity in the United States unexpectedly slowed down in April. This was shown on Monday by figures from Institute for Supply Management.

ISM’s Purchasing Managers Index fell from 64.7 in March to 60.7 in April, while the market expected an increase to 65.0.

An index position of more than 50 indicates growth, while a figure below 50 indicates contraction.

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World, As Seen from the most beautiful islands: Ireland and Cyprus

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