outlays for construction projects fell a sharp 11 in june at a seasonally adjusted annual rate of 176 trillion the commerce department reported monday economists polled by the wall street journal had expected a 04 increase spending in may rose a revised 01 to 1782 trillion up from the prior estimate of a 01 drop to 1780 trillion over the past year construction spending was up 83 total private construction was down 13 in june private residential construction fell 16 while private nonresidential spending fell 05 total public construction fell 05 residential public construction rose 05 while nonresidential public construction was down 05 last month stocks djia spx were up after the market opened monday