Construction Spending Rises 1% in February

Construction spending grew 1% in February to $1.32 trillion, according to the U.S. Census Bureau.

Spending is up 1.1% compared with February 2018.

Residential construction spending increased 0.7% (down 3.6% year-over-year), and nonresidential construction spending grew 1.2% (up 4.8% year-over-year).

The full construction spending report can be found here.

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