Construction spending declined in June from May 2019 and June 2018 levels, but most categories other than single-family homebuilding ended the first half of the year ahead of the year-to-date totals for 2018, according to a recent analysis by the Associated General Contractors of America of new federal spending data. Association officials said that the monthly declines in construction spending may reflect the fact contractors are having a difficult time finding enough workers to keep pace with demand. “Although the initial estimates for spending in June show decreases from May in all major categories, the first half of 2019 as … Read more