US construction spending grew by 1.2% in April 2023
Coleeann Hutchinson2023-06-22T11:46:44-05:00June 22, 2023 Total Construction For construction spending in April 2023, a seasonally adjusted annual rate of $1,908.4 billion was predicted. This represents a 1.2% increase when compared to the updated March forecast of $1,885.0 billion and a 7.2% increase relative to the April 2022 projection of $1,780.9 billion. In the first four months