US construction spending ticks up 0.1pc in May
By Iain Gilbert
Date: Wednesday 01 Jul 2026
(Sharecast News) - US construction spending edged higher in May, rising 0.1% to an annualised $2.21trn, according to Census Bureau data published on Wednesday.
The total remained 1.5% below the level seen a year earlier, with spending over the first five months of 2026 down 2.7% on the same period in 2025.
Private‑sector construction was broadly unchanged at $1.67trn, with residential spending ticking up 0.3% to $930.2bn and non‑residential activity slipping 0.3% to $738.7bn.
Public construction rose 0.5% to $541.2bn, with educational projects increasing 0.6% to $113.4bn, and highway spending also climbing 0.6% to $150.6bn.
Reporting by Iain Gilbert at Sharecast.com
Special promo:
Trading the Forex Market? Visit FXmania.com to get advanced infomation about currencies and the Foreign Exchange
Market.
Email this article to a friend
or share it with one of these popular networks:
You are here: news
10 Lower Thames St,
London EC3R 6EN