Thursday, June 13, 2019
April’s construction spending drops 1.2% from last year
April’s construction spending drops 1.2% from last year: The U.S. Census Bureau announced that construction spending during April 2019 was estimated at a seasonally adjusted annual rate of $1.3 trillion. Although April’s rate is nearly the same as March’s, the organization revealed April’s spending is 1.2% below the April 2018 estimate.
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