FOREX TradingCharts.com

Financial News: U.S. Construction Spending Unexpectedly Falls 0.5% In Marc

U.S. Construction Spending Unexpectedly Falls 0.5% In March

05/01/2025 - 10:34:00 (RTTNews)

(RTTNews) - Construction spending in the U.S. unexpectedly decreased in the month of March, the Commerce Department revealed in a report released on Thursday.

The Commerce Department said construction spending fell by 0.5 percent to an annual rate of $2.196 trillion in March after climbing by 0.6 percent to a revised rate of $2.207 trillion in February.

Economists had expected construction spending to rise by 0.2 percent compared to the 0.7 percent increase originally reported for the previous month.

The unexpected pullback by construction spending partly reflected a decline in spending on private construction, which slid by 0.6 percent to an annual rate of $1.688 trillion.

Spending on residential construction fell by 0.4 percent to an annual rate of $937.7 billion, while spending on non-residential construction slumped by 0.8 percent to an annual rate of $750.3 billion.

The report also showed a modest decrease in spending on public construction, which dipped by 0.2 percent to an annual rate of $508.1 billion.

While spending on educational construction decreased by 0.6 percent to an annual rate of $110.0 billion, spending on highway construction slid by 0.5 percent to an annual rate of $145.8 billion.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2025 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


South Korea June Trade Surplus $9.08 Billion (06 min(s), 04 sec(s) ago)
(RTTNews) - South Korea posted a merchandise trade surplus of $9.08 billion in June, Statistics Ko ...Full Story»

BoJ Tankan: Q1 Large Manufacturers Index +13; Outlook +12 (16 min(s), 04 sec(s) ago)
(RTTNews) - Large manufacturing in Japan accelerated slightly in the second quarter of 2025, the B ...Full Story»

Australia Manufacturing Sector Ebbs In June - S&P Global (01 hr(s), 19 min(s), 04 sec(s) ago)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, albeit at a slower ...Full Story»

New Zealand Building Permits Jump 10%In May (01 hr(s), 34 min(s), 04 sec(s) ago)
(RTTNews) - The number of building permits issued in New Zealand was up a seasonally adjusted 10 p ...Full Story»

BoJ Tankan Survey Data Due On Tuesday (02 hr(s), 21 min(s), 04 sec(s) ago)
(RTTNews) - The Bank of Japan will release its quarterly Tankan Survey of business sentiment later ...Full Story»

Chicago Business Barometer Unexpectedly Edges Slightly Lower In June (10 hr(s), 22 min(s), 04 sec(s) ago)
(RTTNews) - A report released by MNI Indicators on Monday showed a slight decrease by its reading ...Full Story»

German Inflation Eases To 2.0% (10 hr(s), 26 min(s), 04 sec(s) ago)
(RTTNews) - Germany's consumer price inflation moderated unexpectedly in June to the lowest le ...Full Story»

Slovenia Inflation Climbs To 2.2% (11 hr(s), 20 min(s), 04 sec(s) ago)
(RTTNews) - Slovenia's consumer price inflation accelerated in June after easing in the previo ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

South Korea June Trade Surplus $9.08 Billion

06/30/2025 - 20:18 PM (RTTNews)
(RTTNews) - South Korea posted a merchandise trade surplus of $9.08 billion in June, Statistics Ko ...Full Story>>

BoJ Tankan: Q1 Large Manufacturers Index +13; Outlook +12

06/30/2025 - 20:08 PM (RTTNews)
(RTTNews) - Large manufacturing in Japan accelerated slightly in the second quarter of 2025, the B ...Full Story>>

Australia Manufacturing Sector Ebbs In June - S&P Global

06/30/2025 - 19:05 PM (RTTNews)
(RTTNews) - The manufacturing sector in Australia continued to expand in June, albeit at a slower ...Full Story>>

New Zealand Building Permits Jump 10%In May

06/30/2025 - 18:50 PM (RTTNews)
(RTTNews) - The number of building permits issued in New Zealand was up a seasonally adjusted 10 p ...Full Story>>

BoJ Tankan Survey Data Due On Tuesday

06/30/2025 - 18:03 PM (RTTNews)
(RTTNews) - The Bank of Japan will release its quarterly Tankan Survey of business sentiment later ...Full Story>>

Do not sell my personal information

Copyright © 2025. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.