May Construction Spending Up 8.2% Over Prior Year
Construction spending increased 0.8% from April to a seasonally adjusted annual rate of $1,035.8 billion in May. That’s 8.2% higher than the estimate for May 2014, when (seasonally adjusted, annual) construction spending stood at $957.6 billion.
US Construction Spending Rises 0.8 Percent in MayABC News
US Construction Spending Hits New Postrecession HighWall Street Journal (blog)
US construction spending rises to 6-1/2-year-highReuters
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Source: construction – Google News
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