U.S. Commerce Department Says March Construction Spending Sees Dip

U.S. Commerce Department Says March Construction Spending Sees Dip

The Department of Commerce said construction spending during March 2015 was estimated at a seasonally adjusted annual rate of $966.6 billion, 0.6% percent below the revised February estimate of $972.9 billion. The March figure is 2% above the March 2014 estimate of $947.3 billion. During the first three months of this year, construction spending amounted to $206.7 billion, 3.2% above the $200.4 billion for the same period in 2014.

Private construction. Spendin

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