Construction spending in May was estimated at a seasonally adjusted annual rate of $1,925.6 billion, a notable 0.9 percent above the slightly revised April estimate of $1,909.0 billion. The May figure is 2.4 percent above the May 2022 estimate of $1,880.9 billion. During the first five months of this year, construction spending amounted to $740.8 billion, 2.9 percent above the $719.6 billion for the same period in 2022.   READ MORE HERE....