Public Construction Goes Down

Public construction went down slightly in May. - Courtesy of SandstoneOnline

Jobs are still out there but you may need to look into other sectors. In May, the estimated seasonally adjusted annual rate of public construction spending was $314.9 billion, 0.6 percent below the revised April estimate of $316.9 billion.

On a positive note, educational construction was at a seasonally adjusted annual rate of $91.3 billion, 0.5 percent above the revised April estimate of $90.8 billion. Highway construction was at a seasonally adjusted annual rate of $78.5 billion, 1.3 percent (±6.6%)* below the revised April estimate of $79.5 billion. – Courtesy of U.S. Census Bureau