Construction Spending Up 0.2% in March

The U.S. government is reporting that total construction spending in March was at a seasonally adjusted annual rate of $1,513.1 billion, which is 0.2% above February’s revised estimate.  In addition, March’s figure was 5.3% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate of $725.2 billion in march, which is 1.7% higher than February’s revised estimate.

Click here to read the full report at the U.S. Census Bureau.