Construction spending fell for the sixth straight month in May, touching an 11-year low, as shrinking public outlays and residential construction swamped a rise in private nonresidential work, according to ÎÚÑ»´«Ã½'s analysis of new Census Bureau data.
Ken Simonson, ÎÚÑ»´«Ã½'s chief economist, predicted spending patterns would continue to be uneven.
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