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Economy

Economic Data (USA)

Friday, June 29, 2007

Construction Spending during May, 2007

Earlier today, the U.S. Census Bureau -- which is part of the U.S. Commerce Department -- released the Construction Spending report for May, 2007:

Predicted: +0.2%
Actual: +0.9%

The above percentages represent the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Change from last year: -2.8%

Click here to view the full Census Bureau report.

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