Construction spending in June 2009 was at a seasonally adjusted annual rate of $965.7 billion, 0.3% above the revised May estimate. The June figure is 10.2% below the June 2008 estimate of $1,075.6 billion.
During the first six months of this year, construction spending amounted to $455.6 billion, 11.4% below the $514.4 billion for the same period in 2008.

Spending on private construction was at a seasonally adjusted annual rate of $643.9 billion, 0.1% below the revised May estimate. Residential construction was at a seasonally adjusted annual rate of $246.1 billion in June, 0.5% above the revised May estimate of $244.7 billion. Nonresidential construction was at a seasonally adjusted annual rate of $397.9 billion in June, 0.5% below May.

In June, the estimated seasonally …