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Economy

Economic Data (USA)

Monday, May 03, 2021

Construction Spending During March 2021

Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for March 2021:

Predicted: +2.0%
Actual: +0.2112% (+$3,189,000,000)

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 2021: $1,513,085,000,000.

  • February 2021 (revised): $1,509,896,000,000.
     
  • Change from 12 months previous: +5.315% (+$76,358,000,000.)


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Chart: Construction Spending During March 2021
Chart: Construction Spending During March 2021

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