Construction spending was up in May, according to the latest report from the U.S. Department of Commerce, up for the month and up from 2016.

“Construction spending during May 2017 was estimated at a seasonally adjusted annual rate of $1,230.1 billion, nearly the same as…the revised April estimate of $1,230.4 billion,” said the Commerce Department. “The May figure is 4.5 percent…above the May 2016 estimate of $1,177.0 billion.”

And, said the department, construction spending over the first five months of 2017 is higher than during the first five months of 2016.

“During the first 5 months of this year, construction spending amounted to $469.2 billion, 6.1 percent…above the $442.4 billion for the same period in 2016,” according to the department’s figures.

The department figures have a plus-or-minus estimate rate of 2.5 percent.

Construction spending was up in MayPrivate construction spending was up slightly.

“Spending on private construction was at a seasonally adjusted annual rate of $943.2 billion, 0.6 percent…below the revised April estimate of $949.3 billion,” explained DOC. “Residential construction was at a seasonally adjusted annual rate of $509.6 billion in May, 0.6 percent…below the revised April estimate of $512.7 billion.

“Nonresidential construction was at a seasonally adjusted annual rate of $433.6 billion in May, 0.7 percent…below the revised April estimate of $436.7 billion.”

Spending on public construction was also up in May over April 2017.

“In May, the estimated seasonally adjusted annual rate of public construction spending was $286.9 billion, 2.1 percent…above the revised April estimate of $281.0 billion,” the department said. “Educational construction was at a seasonally adjusted annual rate of $74.3 billion, 5.1 percent…above the revised April estimate of $70.7 billion.

“Highway construction was at a seasonally adjusted annual rate of $90.6 billion, 0.9 percent…below the revised April estimate of $91.5 billion.”

Although the increase slowed only slightly compared to earlier months of 2017, construction spending in Florida also continues a steady increase, up 6.9 percent in June.