May Construction Spending Hits Highest Level In Over 6 Years

The seasonally adjusted annual rate of construction spending for May 2015 climbed to $1,035.8 billion. This is the third consecutive month that construction spending was above the $1 trillion mark with April’s figure being revised up from $1,006.1 billion to $1,027.0 billion and March’s $984.0 billion being revised up to $1,006.4 billion. May marks the […]