The 2020 Mid-Year Economic Update_long

construction spending

home construction

May Construction Spending Up 0.3% Year-Over-Year

Construction spending during May 2020 was estimated at a seasonally adjusted annual rate of $1,356.4 billion, up 0.3% from the May 2019 estimate of $1,352.9 billion, according to new data from the U.S. Census Bureau. The May figure is 2.1% below the revised April estimate of $1,386.1 billion. During the first five months of this …

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