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Economy

Economic Data (USA)

Friday, July 01, 2016

Construction Spending During May 2016

Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for May 2016:

Predicted: +0.6%
Actual: -0.8%

The yellow-highlighted percentage represents the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.

Previous Month (revised): -2.0%

Change from 12 months ago: +2.8%

Click here to view the full Census Bureau report.


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