US construction spending ticks up 0.1pc in May
The total remained 1.5% below the level seen a year earlier, with spending over the first five months of 2026 down 2.7% on the same period in 2025.Private‑sector construction was broadly unchanged at $1.67trn, with residential spending ticking up 0.3% to $930.2bn and non‑residential activity slippi…