Construction Spending Increases 11.2% Year-Over-Year in February

Construction spending increased 11.2% year-over-year in February to $1.70 trillion, the Census Bureau reported.

Month-over-month, construction spending increased 0.5%, marking the 12th consecutive month of construction spending increases, according to the Associated General Contractors of America.

Private residential construction spending increased 1.1% in February and 16.6% compared with February 2021, and private nonresidential spending increased 0.2% month-over-month and 9.7% year-over-year. Public construction spending declined 0.4% from January but increased 1.5% compared with February 2021.

The full construction spending report can be found here.

Page 1 of 796
Next Page
Resource Book
Looking for a specific product or a company? Wood Floor Business has the only comprehensive database of the industry.
Learn More
Resource Book
Podcasts
All Things Wood Floor, created by Wood Floor Business magazine, talks to interesting wood flooring pros to share knowledge, stories and tips on everything to do with wood flooring, from installation, sanding and finishing to business management.
Learn More
Podcasts