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Tag Archives: Residential Construction Spending

Construction Spending Up Year-Over-Year

Overall construction spending increased by 3.0 percent year-over-year according to the latest monthly Construction Spending Report released by the U.S. Census Bureau. The report also found a month-over-month ...

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Residential Construction Spending Reaches $359.5 Billion for May

More money is being put into construction to meet constant demand from consumers. The U.S Census Bureau of the Department of Commerce announced today that construction spending for May reached an estimated amount of $1,035.8 billion, 0.8 percent increase from the revised April figure of $1,027 billion. Residential construction was at a seasonally adjusted annual rate of $359.5 billion in May, 0.3 percent above the revised April estimate of $358.5 billion.

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