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Construction spending during March 2009 was estimated at a seasonally adjusted annual rate of $969.7 billion, 0.3 percent (????????1.3 percent) above the revised February estimate of $967.1 billion. The March figure is 11.1 percent (????????1.6 percent) below the March 2008 estimate of $1,090.5 billion.
During the first three months of this year, construction spending amounted to $209.5 billion, 10.9 percent (????????1.4 percent) below the $235.2 billion for the same period in 2008.
Private Construction Spending on private construction was at a seasonally adjusted annual rate of $661.0 billion, 0.1 percent (????????1.4%) below the revised February estimate of $661.6 billion. Nonresidential construction was at a seasonally adjusted annual rate of $402.6 billion in March, 2.7 percent (????????1.4%) above the revised February estimate of $392.0 billion.
Public Construction In March, the estimated seasonally adjusted annual rate of public construction spending was $308.7 billion, 1.1 percent (????????1.9 percent) above the revised February estimate of $305.4 billion. Educational construction was at a seasonally adjusted annual rate of $89.2 billion, 1.6 percent (????????3.0 percent) above the revised February estimate of $87.8 billion. Highway construction was at a seasonally adjusted annual rate of $76.2 billion, 0.8 percent (????????7.2 percent) below the revised February estimate of $76.8 billion. ?EUR??,,????'??? Courtesy of US Census Bureau
Francisco Uviña, University of New Mexico
Hardscape Oasis in Litchfield Park
Ash Nochian, Ph.D. Landscape Architect
November 12th, 2025
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