Investment in building construction decreased 1.7% to $20.9 billion in July, following increases in May (+0.7%) and June (+2.7%). Year over year, investment in building construction rose 7.0% in July.
Both the residential (-2.2% to $14.6 billion) and non-residential (-0.4% to $6.3 billion) sectors posted declines in July.
On a constant dollar basis (2017=100), investment in building construction fell 1.9% from June to $12.7 billion in July, but grew 3.9% year over year.
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