The U.S. government is reporting that total construction spending in April, 2024 was at a seasonally adjusted annual rate of $2,099 billion, which is 0.1% lower than March’s revised number. However, April’s revised estimate is 10% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $890.4 billion in April, which is 0.1% higher than March’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
