During the first seven months of 2015, construction spending is running 9.3% above last year's pace.
Companies should be required to disclose how they use corporate resources for political activities, say the lawmakers.
The size of the upward revision surprised economists and suggests the U.S. economy had some momentum entering the third quarter.
Reports of the growth in consumer price inflation were somewhat overstated in the first two quarters, say San Francisco Fed reasearchers.
'The creation of jobs added at a steady clip and the prospect of higher mortgage rates and home prices ... is encouraging more households to buy.'
Industrial production was up 0.6% in July but the manufacturing sector as a whole rose only 0.1%.
Hotel chains are thriving, for now, thanks to innovation and a bit of luck.
The International Energy Agency says a "rebalancing" between supply and demand is under way but it will be a lengthy process.
The Congressional Budget Office revises its deficit projection for fiscal 2015 to $425 billion, down from $486 billion.