Construction Spending Rate Rose 0.4 percent in May
Construction spending increased 0.4 percent at a seasonally adjusted annual level (SAAL) of $1,309.5 billion, in May, according to the Census Bureau. April’s spending estimate was downwardly revised to $1,304.5 billion. May’s figure is 4.5 percent greater than the May 2017 estimate of $1,253.6 billion. Total private construction was $1,005.4 billion SAAL, a 0.3 percent