Construction Spending Increased in April For Second Straight Month

April construction spending rose, though high mortgage rates are weighing down on construction of single-family homes which, ideally, should be in demand amid a lack of housing inventory.

The Fed - Nonresidential construction spending is likely not as weak as it seems

Private Residential Construction Spending Rises in April

Construction Spending Increased in April For Second Straight Month

Private Residential Construction Spending Rises in April

US job growth slowing, but wage gains remain strong

Total Construction Spending: Manufacturing in the United States (TLMFGCONS), FRED

February's Nonresidential Construction Starts -42% M/M, +12% Y/Y, and +42% YTD

News Releases ABC: Nonresidential Construction Spending Increas

U.S. Construction Spending Increases for the Eighth Consecutive Month in August - Haver Analytics

Construction spending posts modest 0.2% gain in April

US construction on solid ground; manufacturing under pressure