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![MarioNawfal Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::1319287761048723458.png) Mario Nawfal [@MarioNawfal](/creator/twitter/MarioNawfal) on x 2.3M followers
Created: 2025-07-01 18:30:00 UTC

🇺🇸 U.S CONSTRUCTION SPENDING DROPS AS HOUSING TAKES A HIT

Spending on building stuff in America fell for the second month straight, dropping XXX% in May.

Single-family homes got hit the hardest, down nearly X% as high mortgage rates scare off buyers.

Builders are feeling gloomy and new housing inventory is stacking up like it’s 2007 all over again.

Source: Reuters

![](https://pbs.twimg.com/media/Guym0RJWMAAwONy.jpg)

XXXXXXX engagements

![Engagements Line Chart](https://lunarcrush.com/gi/w:600/p:tweet::1940115689286651908/c:line.svg)

**Related Topics**
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[rates](/topic/rates)
[mortgage rate](/topic/mortgage-rate)
[housing market](/topic/housing-market)
[homes](/topic/homes)
[united states](/topic/united-states)

[Post Link](https://x.com/MarioNawfal/status/1940115689286651908)