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July 03, 2018US CONSTRUCTION SPENDING, MAY 2018 
In May, US construction spending increased 0.4 per cent to $1,309 billion. This follows a revised gain of 0.9 per cent reported in April, when construction spending totaled $1,304 billion. Year-over-year, spending is 4.5 per cent above May 2017.
Private sector construction rose by 0.3 per cent in May to $1,005 billion, and is up 4.4 per cent over May of last year. Public sector construction increased 0.7 per cent to $304 billion in May, and is up 4.7 per cent year-over-year.
US residential construction increased 0.8 per cent month-to-month to $560 billion, and is up 6.4 per cent over May 2017. Non-residential construction spending edged up 0.1 per cent to $749 billion in May, and increased 3.0 per cent year-over-year.
In the first five months of 2018, US construction spending is up 4.2 per cent over the same period in 2017. Residential construction grew by 6.5 per cent, while non-residential grew by 2.6 per cent. Private sector construction increased by 4.2 per cent and public sector construction increased 4.3 per cent, compared to the first five months of 2017.
Source: US Census Bureau
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