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Construction Spending Slows in June

Mon, August 01, 2022 12:55 PM | Anonymous

The U.S. Census Bureau announced the value put in place construction statistics for June 2022 was estimated at a seasonally adjusted annual rate of $1,762.3 billion, 1.1 percent below the revised May estimate of $1,781.9 billion. The June figure is 8.3 percent above the June 2021 estimate of $1,628.0 billion. During the first six months of this year, construction spending amounted to $848.2 billion, approximating inflation at 10.7 percent above the $766.0 billion for the same period in 2021.

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Construction Put in Place Charts HERE.

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