ANALYSIS-U.S. construction slump may be bottoming out

Newswire

* Nonresidential construction key market for industrials * Predictive index at highest point since January 2008 * Industrial sell-off exceeds recent market correction * Economists warn bottom does not mean rebound By Nick Zieminski and Scott Malone NEW YORK/BOSTON, May 27 (Reuters) - The U.S. nonresidential construction sector, which felt the blistering economic downturn later than the housing market and has been slower to recover, might be near the end of a two-year slump. And ...

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