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April Construction Spending Ascends

Tue, June 01, 2021 1:05 PM | Anonymous

The U.S. Census Bureau announced the “put in place construction” spending during April 2021 was estimated at a record seasonally adjusted annual rate of $1,524.2 billion, 0.2 percent above the upward revised March estimate of $1,521.0 billion. The April figure is 9.8 percent above the April 2020 estimate of $1,387.9 billion. During the first four months of this year, construction spending amounted to $452.3 billion, a healthy 5.8 percent above the $427.3 billion for the same period in 2020. 

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