April 2013 construction spending was estimated at a seasonally adjusted annual rate of $860.8 billion, according to the U.S. Census Bureau of the Department of Commerce, a slight increase (.4%) above the $857.7 billion estimate released in March.
Overall, construction spending during the first four months of 2013 is up from last year at $250.7 billion, as compared to $239.8 billion for the same period in 2012.
The biggest gains in April construction spending were in the private sector; the $602 billion seasonally adjusted was 1% above the revised March estimate.
Construction spending by local, state and the federal government, on the other hand, decreased by 1.2% since March to $258.8 billion.
For more information on construction spending data and statistics please visit the U.S. Census Bureau. May 2013 data will be available July 1.
