Construction Spending During March 2018
Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for March 2018:
Predicted: +0.5%
Actual: -1.7%
The yellow-highlighted percentage represents the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
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Predicted: +0.5%
Actual: -1.7%
The yellow-highlighted percentage represents the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists were expecting, while the "actual" is the true or real figure.
- Estimated construction spending during March: $1,284,700,000.
- February 2018 (revised): $1,306,400,000.
- Change from 12 months previous: +3.6%.
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| Construction Spending During March 2018 |
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Labels: construction_spending, hard_data
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posted by Steve Brown | 5/01/2018 06:25:00 PM
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