Construction spending during March 2021 was estimated at a seasonally adjusted annual rate of $1,513.1 billion, amount to a small 0.2 percent above the downward revised February estimate of $1,509.9 billion. The March figure is 5.3 percent above the March 2020 estimate of $1,436.7 billion. During the first three months of this year, construction spending amounted to $328.3 billion, a steady 4.5 percent above the $314.1 billion for the same period in 2020.

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