Construction Spending - March APRIL 2009 CONSTRUCTION AT $968.7 BILLION ANNUAL RATE The U.S. Census Bureau of the Department of Commerce announced today that construction spending during April 2009 was estimated at a seasonally adjusted annual rate of $968.7 billion, 0.8 percent (±1.3%)* above the revised March estimate of $961.3 billion. The April figure is 10.7 percent (±1.8%) below the April 2008 estimate of $1,085.2 billion. During the first 4 months of this year, construction spending amounted to $286.3 billion, 11.3 percent (±1.4%) below the $322.8 billion for the same period in 2008. Full report here.
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