Construction Shows Slight Increase in March But is Still Down 12.3 Percent YTY

The Department of Commerce said construction spending during March was estimated at a seasonally adjusted annual rate of $847.3 billion, 0.2 percent above the revised February estimate of $845.5 billion. The March figure is 12.3 percent below the March 2009 estimate of $966.7 billion. During the first three months of this year, construction spending amounted to $179.9 billion, 14 percent below the $209.2 billion for the same period in 2009.

Private construction. Spending on private co

All access premium subscription

Only Electrical Marketing newsletter subscribers have access to premium content.


Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.

Sign up for the Electrical Marketing newsletter to get access.

TAGS: Economy
Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish