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Friday, November 15, 2024

CONSTRUCTION INDUSTRY ROUND TABLE (CIRT): April Construction Spending Ascends

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Construction Industry Round Table (CIRT) issued the following announcement on June 01.

The U.S. Census Bureau announced the “put in place construction” spending during April 2021 was estimated at a record seasonally adjusted annual rate of $1,524.2 billion, 0.2 percent above the upward revised March estimate of $1,521.0 billion. 

The April figure is 9.8 percent above the April 2020 estimate of $1,387.9 billion. During the first four months of this year, construction spending amounted to $452.3 billion, a healthy 5.8 percent above the $427.3 billion for the same period in 2020. 

Original source can be found here.

Source: Construction Industry Round Table (CIRT)

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