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July 02, 2015US CONSTRUCTION SPENDING, MAY 2015 The U.S. Census Bureau of the Department of Commerce announced today that construction spending during May 2015 was estimated at a seasonally adjusted annual rate of $1,035.8 billion (US), 0.8 percent above the revised April estimate of $1,027.0 billion (US).
Year-over-year, the May 2015 figure is 8.2 percent above the May 2014 estimate of $957.6 billion (US).
Spending on private construction was at a seasonally adjusted annual rate of $752.4 billion (US), 0.9 percent above the revised April estimate of $745.6 billion (US).
Spending on public construction was at a seasonally adjusted annual rate of $283.4 billion (US), 0.7 percent above the revised April estimate of $281.5 billion (US).
US Census Bureau