Total U.S. construction spending increased 6.64 percent in May from its year-earlier level. Residential construction spending and nonresidential construction spending increased 7.02 percent and 6.41 percent, respectively, on a year-over-year basis.
Total U.S. construction spending increased 6.64 percent in May from its year-earlier level. Residential construction spending and nonresidential construction spending increased 7.02 percent and 6.41 percent, respectively, on a year-over-year basis.