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March US Construction Spending Rises More than Expected, Residential Building Up

BY MT Newswires | ECONOMIC | 10:13 AM EDT

10:13 AM EDT, 05/07/2026 (MT Newswires) -- US construction spending rose by 0.6% in March, compared with a 0.2% increase expected in a survey compiled by Bloomberg and following a 0.2% decrease in February.

Private residential construction was up 1.7%, with single-family home construction up 2.7%, multi-family construction up 0.3% and remodeling activity up 0.9%.

Private nonresidential construction and public construction both fell by 0.2%.

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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