Construction spending rises 0.3 percent in March

Total construction spending increased to $1.138 trillion in March, which was 0.3 percent higher than the revised February estimate of $1.134 trillion, according to the U.S. Census Bureau.

The March figure is 8 percent higher than the March 2015 estimate of $1.053 trillion.

In March, private construction rose 1.1 percent, reflecting a 1.6 percent increase in residential construction and 0.7 percent increase in nonresidential construction.

Public construction projects in March decreased 1.9 percent. 


Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A. 
407 N. Howard Avenue
Suite 100
Tampa, FL 33606


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