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Economy

Economic Data (USA)

Friday, April 01, 2022

Construction Spending During February 2022

Earlier today, the U.S. Census Bureau -- which is part of the Commerce Department -- released its Construction Spending report for February 2022:

Predicted: +0.5%
Actual: +0.522% (+$8,852,000,000)

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 February 2022: $1,704,383,000,000.

  • January 2022 (revised): $1,695,531,000,000.
     
  • Change from 12 months previous: +11.161% (+$171,131,000,000.)


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CHART: Construction Spending During February 2022

CHART: Construction Spending
During February 2022

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