Construction spending falls for 4th straight month

Yes, but: Construction spending overall is still up from its 2019 levels — one of the few industries that has held up dollar for dollar from its 2019 numbers through the coronavirus pandemic.

• Even after four straight months of declines, spending is up 0.1% from where it was in June 2019.
• And construction spending at the end of June was 5% higher than it was through the first six months of 2019.