The U.S. government is reporting that total construction spending in March, 2025 was at a seasonally adjusted annual rate of $2,196.1 billion, down 0.5% from February’s revised number. However, March’s estimate is 2.8% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $937.7 billion in March, which is 0.4% lower than February’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
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Written by: Brad Beckett