US Construction Spending Rises, Outpaces Year-Ago Period

The increase in construction spending happened even though builders were concerned about rising costs.
US Construction Spending Rises, Outpaces Year-Ago Period
An aerial view of apartments undergoing construction in downtown Austin, Texas, on March 19, 2024. Brandon Bell/Getty Images/TNS
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Construction activity spending across the United States rose in February on both a monthly and annual basis, with residential and nonresidential spending registering an uptick.

“Construction spending during February 2025 was estimated at a seasonally adjusted annual rate of $2,195.8 billion,” the Census Bureau said in an April 1 statement. This was up 0.7 percent from January and 2.9 percent from a year back.
Naveen Athrappully
Naveen Athrappully
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Naveen Athrappully is a news reporter covering business and world events at The Epoch Times.