Multi-Unit Component Leads Residential Construction Decline for Building Investment in May 2025 - Electrical Industry News Week
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Multi-Unit Component Leads Residential Construction Decline for Building Investment in May 2025 - Electrical Industry News Week
July 21, 2025 The total value of investment in building construction decreased by $491.4 million to $21.8 billion in May. Investment in the residential sector fell 3.0%, while the non-residential sector edged down 0.4%. On a constant dollar basis (2023=100), the total value of investment in building construction in May was down 2.3% from the previous month and was up 3.1% on a year-over-year basis. Multi-unit component leads residential construc…
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