Construction Spending During April 2021
Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for April 2021:
Predicted: +0.5%
Actual: +0.2083% (+$3,169,000,000)
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.
CHART: Construction Spending During April 2021
Predicted: +0.5%
Actual: +0.2083% (+$3,169,000,000)
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 April 2021: $1,524,183,000,000.
- March 2021 (revised): $1,521,014,000,000.
- Change from 12 months previous: +9.8165% (+$1,36,247,000,000.)
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Labels: Building, construction, construction_spending, Coronavirus, COVID_19, COVID-19, COVID19, hard_data, Pandemic
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posted by Steve Brown | 6/02/2021 07:29:00 PM
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