During April construction spending was estimated at a seasonally adjusted annual rate of $1,908.4 billion, a jump of 1.2 percent above a large upwardly revised March estimate of $1,885.0 billion. The April figure is 7.2 percent above the April 2022 estimate of $1,780.9 billion. During the first four months of this year, construction spending amounted to $566.7 billion, 6.1 percent above the $533.9 billion for the same period in 2022.   READ MORE...