WASHINGTON — Construction spending rose 0.5% to a seasonally adjusted estimated annual rate of $874.9 billion in May, the highest level since September 2009, the Commerce Department reported Monday.

The rate was up from a revised April estimate of $870.3 billion, originally reported as $860.8 billion. The 0.5% gain was slightly lower than the median 0.6% increase projected by economists polled by Thomson Reuters.

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