March construction spending dipped 1.7 percent from February but still up 3.6 percent year-on-year

Construction spending during March 2018 was estimated at a seasonally adjusted annual rate of $1,284.7 billion, 1.7 percent below the revised February estimate but 3.6 percent above the March 2017 estimate. During the first three months of this year, construction spending was 5.5 percent above the same period in 2017.

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