1 June 2026, 19:40  USA: Construction Spending Rises More than Anticipated.

Construction spending in the US rose by 0.4% month-over-month in April 2026, following a revised 0.2% increase in the prior month and better than the expected 0.2% rise. This marked the second consecutive monthly increase. Private-sector construction rose 0.4%, supported by a 0.8% increase in residential activity, as gains in single-family projects (+1.4%) offset a decline in multi-family construction (-0.3%). Spending on nonresidential structures like offices and factories fell by 0.2%. Meanwhile, public spending went up by 0.4%, driven by gains in both the residential (0.7%) and nonresidential (0.4%) segments. Year-on-year, construction spending advanced by 0.9%.

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