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Apr construct spending +1.8%, well above....>

US DATA
US DATA: Apr construct spending +1.8%, well above the +0.8% exp, while 
Mar unrev at -1.7% and Feb rev up to +1.2%. 
- Private residential building +4.5%, the largest gain since Nov 1993. 
Within the category, 1-family flat, multi-family +3.6%, and building 
ex. new homes +11.6%, based on an MNI calc. 
- Private nonres building +0.8%, driven by gains in all categories
except commercial and amusement and recreation.
- Public construction -1.3%, after Mar rev up to +1.2%. State and local 
building -0.3%, as Federal construction -10.2%.
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