Construction Spending Increases in May; Highways Rise
- Published: Wednesday, 01 July 2015 13:51
- Written by Rock Products News
The U.S. Census Bureau of the Department of Commerce announced that construction spending during May 2015 was estimated at a seasonally adjusted annual rate of $1,035.8 billion, 0.8 percent (±1.5 percent) above the revised April estimate of $1,027.0 billion. The May figure is 8.2 percent (±2.0 percent) above the May 2014 estimate of $957.6 billion.