Real estate

Construction Spending Up

Total construction spending in America ticked up by 0.4 percent between April and May, according to new data published by the U.S. Census Bureau.

By Staff July 3, 2018

Image: Pixabay

Total construction spending in America ticked up by 0.4 percent between April and May, according to new data published by the U.S. Census Bureau. The amount stood at over $1.3 billion in May, 4.5 percent higher than in May 2017. Residential construction spending rose by 0.8 percent between April and May, while non-residential construction spending rose by 0.1 percent.

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