Value of New Construction Data Shows Minimal Increase in April to $860.8 Billion

The U.S. Census Bureau of the Department of Commerce announced that construction spending during April 2013 was estimated at a seasonally adjusted annual rate of $860.8 billion, 0.4% above the revised March estimate of $857.7 billion. The April figure is 4.3% above the April 2012 estimate of $825.1 billion. During the first four months of this year, construction spending amounted to $250.7 billion, 4.5% above the $239.8 billion for the same period in 2012.


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