The U.S. Census Bureau: Construction Spending Retreats 0.8% In May
Construction spending fell 0.8% in May to a seasonally adjusted annual rate of $1.29 trillion, the first drop in six months, the Census Bureau said. That’s down 2.3% from the May 2018 estimate of $1.32 billion. Outlays for private residential construction fell for the fifth straight month.
Latest Videos
Sponsored Videos
Change Wholesale’s future focused non-QM strategies Apr 30, 2024
How technology can improve the home buying process Dec 04, 2023
Tackling climate risk costs for homeowners Nov 20, 2023