Private nonresidential construction spending increased 0.5 % to a rate of $ 434 billion.
Private nonresidential construction spending increased 2.1 % to a seasonally adjusted annual rate of $ 432 billion.
Private nonresidential construction spending was also down 1.5 %, the first decline in 2016.
Private nonresidential construction spending fell for a second consecutive month in May.
Private nonresidential construction fell by 0.4 % in March.
Private nonresidential construction spending was 2.5 % lower than a year ago, driven by the declines in spending on power and manufacturing.
Not exact matches
Adding to the 0.4 % decline in in
nonresidential private construction,
private residential
construction fell significantly by 3.5 % in the month, the largest decline since April 2009.