The U.S. government is reporting that total construction spending in June was at a seasonally adjusted annual rate of $1,355.2 billion, which is 0.7% lower than May’s revised estimate. However, June’s figure was 0.1% higher than June, 2019. Residential construction was at a seasonally adjusted annual rate of $534.2 billion in June, which is 1.5% lower than May’s revised estimate.
Click here to read the full report at Census.gov.
