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Construction Spending Rises in May
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Description
FBN’s Shibani Joshi on the rise in construction spending.
- Duration 0:57
- Date Jul 2, 2012
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Transcript
This transcript is automatically generated
Shibani -- with your Fox Business -- manufacturing strength in the month of June for the first time since July 2009.
The institute for supply management index of national factory activity fell to 49 point seven.
And builders and they're spending in -- by the largest amount in five months construction spending rose to a seasonally adjusted annual rates 830 billion bucks and GlaxoSmithKline will pay a record three billion dollar fine the largest health care fraud settlements.
In US history the drugmaker will plead guilty to charges it promoted not approved benefits.
Have several of its drugs and failed to give the FDA.
Safety -- big deal settles civil charges TSK underpaid rebates owed under Medicaid.
And overcharged public health providers for its drugs and that's the latest from Fox Business giving you the power to --
