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July 02, 2019US CONSTRUCTION SPENDING, MAY 2019 
In May 2019, US construction spending (seasonally adjusted annual rate) declined 0.8 per cent to $1,294 billion. This follows a revised gain of 0.4 per cent reported in April 2019 when construction spending was estimated at $1,304 billion. Year-over-year, US construction spending is 2.3 per cent below May 2018.
- Private sector construction decreased 0.7 per cent in May to $953 billion. This is down 6.3 per cent over May 2018.
- Public sector construction declined 0.9 per cent in May to $341 billion. This is up 10.8 per cent over May 2018
- Residential construction decreased 0.6 per cent in May to $505 billion. This is down 11.2 per cent over May 2018.
- Non-residential construction declined 0.9 per cent in May to $789 billion. This is up 4.4 per cent over May 2018.
Year-to-date, US construction spending is down 0.5 per cent over January-May 2018.
- Private sector construction decreased 4.1 per cent
- Public sector construction increased 11.5 per cent
- Residential construction declined by 8.9 per cent
- Non-residential construction grew by 5.8 per cent
Source: US Census Bureau
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