The U.S. Census Bureau reported that construction spending during May 2019 was estimated at a seasonally adjusted annual rate of $1,293.9 billion, 0.8% (±1.2%) below the revised April estimate of $1,304.0 billion. The May figure is 2.3%( ±1.5%) below the May 2018 estimate of $1,324.3 billion.
Read MoreMonth: July 2019
Highways With a THUD
July 1, 2019 – The House of Representatives last week passed a major spending package, HR3055, containing $87.7 billion in Fiscal Year 2020 appropriations for Transportation-Housing and Urban Development (THUD). This “minibus” package – composed of four other appropriations bills in addition to THUD – was the second of three packages considered by the House for FY 2020, and passed the chamber…
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