US EditionApril Private Residential Construction Spending Dips
4 Articles
4 Articles
The investment in construction in the United States surprised analysts by registering a fall of 0.4% in April.This comes after a review that dropped the March figure to a decrease of 0.8%.According to the original report, a rise of 0.3% was expected in spending by April, according to economists consulted by Reuters.However, the numbers did not play in favor of these optimistic forecasts.The impact on private constructionThe most affected part of…
April 2025 Sees Dip in U.S. Construction Spending Driven by Softening Single-Family Housing Market
In April 2025, U.S. construction spending experienced a notable decline, falling 0.4% compared to March, as revealed by the latest figures from the U.S. Census Bureau. This marks the second straight month of reduced activity in the construction sector, with single-family housing projects at the core of the slowdown. Private residential construction spending dropped by […] The post April 2025 Sees Dip in U.S. Construction Spending Driven by Softe…
Eye On Housing
LBM JournalApril Private Residential Construction Spending Dips
Private residential construction spending fell by 0.9% in April, marking the third consecutive monthly decline. This decrease was primarily driven by reduced spending in single-family construction and home improvements. Compared to a year ago, total spending was down 4.8%, as the housing sector continues to navigate the economic uncertainty stemming from ongoing tariff concerns and...
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