Construction spending in July was virtually even with the June level but rose 1.5% from the year-earlier total, as private-sector work increased and public-sector volume declined, the Commerce Dept. has reported.
Commerce’s U.S. Census Bureau said on Sept. 1 that the value of construction put in place in July totaled $1.153 trillion, down $345 million, or less than 0.1%, compared with the previous month’s level.
