U.S. Construction Spending Dips in March
by Brad Beckett
The U.S. government is reporting that total construction spending in March was estimated at a seasonally adjusted annual rate of $1,282.2 billion, which is 0.9% lower than February’s revised number. Residential construction was at a seasonally adjusted annual rate of $500.9 billion in March, which was 1.8% lower than February’s revised estimate. Click here to read the full report at Census.gov.
