Wednesday, June 02, 2021

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.

  • 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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CHART: Construction Spending During April 2021
CHART: Construction Spending During April 2021

 

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