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Construction spending drops 1.1% from May, nonresidential -0.5%

“The U.S. Census Bureau on Monday reported that U.S. construction spending was at a seasonally adjusted annual rate of almost $1.77 trillion in June, down 1.1% from May 2022 but up 8.3% from the near $1.63 trillion that the industry logged in June 2021.” https://theconstructionbroadsheet.com