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May 01, 2018US CONSTRUCTION SPENDING, MARCH 2018 
In March, US construction spending declined 1.7 per cent to $1,285 billion. This follows a revised gain of 1.0 per cent reported in February, when construction spending totaled $1,306 billion. Year-over-year, spending is 3.6 per cent above March 2017.
Private sector construction fell by 2.1 per cent to $987 billion, up 3.9 per cent over March 2017. Public sector construction was $297 billion in March, level with February and up 3.0 per cent year-over-year.
US residential construction declined 3.5 per cent month-to-month to $544 billion, and is up 5.3 per cent over March 2017. Non-residential construction spending was $741 billion in March, down 0.3 per cent month-to-month and up 2.5 per cent year-over-year.
For the first quarter of 2018, US construction spending is up 5.0 per cent over the same period in 2017. Residential construction grew by 8.2 per cent, while non-residential grew by 2.8 per cent. Private sector construction grew 5.2 per cent in the first three months of the year, and public sector construction grew by 4.6 per cent.
Source: US Census Bureau
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