Overall construction spending was down slightly in August, while other spending was mixed and prices for materials like steel and lumber improved, according to the latest analysis by the Associated General Contractors of America.
U.S. construction spending fell 0.3% in May. Growth in housing, the economy's standout performer, slowed while activity in areas most directly impacted by the pandemic showed further weakness.
Spending on U.S. construction projects increased 0.9% in November as strength in home building offset weakness in other parts of the construction industry.
U.S. construction spending fell again in June, marking the fourth straight monthly decline as the coronavirus outbreak continues to wreak havoc on the economy.