The U.S. government is reporting that total construction spending in May, 2025 was at a seasonally adjusted annual rate of $2,138.2 billion, down 0.3% from April’s revised number. In addition, April’s estimate is 3.5% lower than one year ago. Residential construction came in at a seasonally adjusted annual rate of $888.9 billion in May, which is 0.5% lower than April’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
The post U.S. Construction Spending Dips in May appeared first on Real Estate Investing Today.
Source link
