Financial News: U.S. Construction Spending Increases In Line With Estimate

U.S. Construction Spending Increases In Line With Estimates In December

02/27/2026 - 10:46:00 (RTTNews)

(RTTNews) - Long-delayed data released by the Commerce Department on Friday showed construction spending the U.S. saw a modest increase in December after dipping in November.

The Commerce Department said construction spending rose by 0.3 percent to an annual rate of $2.169 trillion in December after slipping by 0.2 percent to an annual rate of $2.163 trillion in November. The rebound matched economist estimates.

The increase in total construction spending in December came as growth in spending on private construction more than offset a decrease in spending on public construction.

The report said spending on private construction climbed by 0.5 percent to an annual rate of $1.647 trillion in December after edging down by 0.2 percent to an annual rate of $1.639 trillion in November.

Spending on residential construction led the way higher, jumping by 1.5 percent to an annual rate of $916.2 billion, while spending on non-residential construction slid by 0.7 percent to an annual rate of $730.9 billion.

Meanwhile, the Commerce Department said spending on public construction fell by 0.5 percent to an annual rate of $521.7 billion in December after slipping by 0.2 percent to an annual rate of $524.3 billion in November.

Spending on educational construction decreased by 0.8 percent to an annual rate of $114.0 billion, while spending on highway construction dipped by 0.3 percent to an annual rate of $141.4 billion.

For comments and feedback: contact editorial@rttnews.com

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS

Irish Trade Surplus Shrinks In February (01 hr(s), 42 min(s), 33 sec(s) ago)
(RTTNews) - Ireland's foreign trade surplus decreased in February as imports grew amid a fall ...Full Story»

Hungary Industrial Output Falls As Estimated (02 hr(s), 01 min(s), 33 sec(s) ago)
(RTTNews) - Hungary's industrial production declined for the second straight month as initiall ...Full Story»

Eurozone Industrial Production Recovers (02 hr(s), 48 min(s), 33 sec(s) ago)
(RTTNews) - Eurozone industrial production recovered in February, driven by increases in non-durab ...Full Story»

Poland Inflation Confirmed At 3.0% (03 hr(s), 11 min(s), 33 sec(s) ago)
(RTTNews) - Poland's consumer price inflation accelerated as initially estimated in March to t ...Full Story»

Slovakia Inflation Eases To 15-month Low (03 hr(s), 39 min(s), 33 sec(s) ago)
(RTTNews) - Slovakia's consumer price inflation moderated in March to the lowest level in more ...Full Story»

French Inflation Rises To 2% (04 hr(s), 42 min(s), 33 sec(s) ago)
(RTTNews) - France's harmonized consumer price inflation accelerated slightly more than initia ...Full Story»

Norway Trade Surplus Grows In March (05 hr(s), 22 min(s), 33 sec(s) ago)
(RTTNews) - Norway's foreign trade surplus increased sharply in March from a year ago as expor ...Full Story»

Japan Core Machinery Orders Jump 13.6% In February (35 min(s), 27 sec(s) ago)
(RTTNews) - The value of core machinery orders in Japan was up a seasonally adjusted 13.6 percent ...Full Story»