Construction Unemployment Dips 0.7 Percent in July Despite 6,000 Job Losses

Overall spending was down in both the private and public sectors in June. Private nonresidential construction slipped 0.9 percent, while public nonresidential construction spending decreased 1.1 percent for the month. On a year-over-year basis, private nonresidential construction is up 1.4 percent. Public nonresidential construction spending has dipped 9.3 percent during the past year, with the rate of decline accelerating in recent months.

Overall, 10 of the 16 construction sectors posted spending losses for the month, with the largest decreases coming in conservation and development (minus 9.4 percent).

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