US construction spending fell again in May

Spending on housing was flat as a 1.8 percent advance in apartment construction was offset by a 1.3 percent fall in single-family activity.

Gross domestic product grew at a lackluster annual rate of just 1.1 percent in the January-March quarter.

The drop in construction activity in May left total activity at a seasonally adjusted annual rate of $1.14 trillion, up 2.8 percent from a year ago.