Construction spending in the U.S. is up 0.3% in March

Noticias del mercado

2 mayo 2016

Construction spending in the U.S. is up 0.3% in March

The U.S. Commerce Department released construction spending data on Monday. Construction spending in the U.S. increased 0.3% in March, in line with expectations, after a 1.0% rise in February. February's figure was revised up from a 0.5% decline.

The increase was mainly driven by a rise in total private spending. Total public construction spending slid 1.9% in March, while total spending on private construction projects increased 1.1%.

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