US construction spending for May -0.1% versus 0.2% expected ...Middle East

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Prior month +0.3% versus -0.1% previously reportedConstruction spending -0.1% versus 0.2% expectedTotal Construction:May 2024 construction spending was $2,139.8 billion, -0.1% below April's revised $2,142.1 billion.6.4% higher than May 2023's $2,011.8 billion.First five months of 2024: $836.3 billion, +8.8% above the same period in 2023 ($768.6 billion).Private Construction:Spending was $1,652.1 billion, -0.3% below April's revised $1,656.7 billion.Residential construction: $918.2 billion, -0.2% below April's $920.3 billion.Nonresidential construction: $733.9 billion, -0.3% below April's $736.5 billion.Public Construction:Spending was $487.6 billion, +0.5% above April's revised $485.4 billio

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