US Construction Spending Rises More than Expected in World Economy News 08/05/2026 Construction spending in the US rose by 0.6% month-over-month in March 2026, following a 0.2% fall in the prior month and better than the expected 0.2% increase. This marked the first increase since December last year. Private construction increased by 0.8%, buoyed by a 1.7% gain in the residential segment, primarily new single-family projects (+2.7%) and, to a lesser extent, multi-family projects (+0.3%). Conversely, spending on nonresidential structures shrank by 0.2%, primarily manufacturing (-1.2%), commercial (-0.6%) and lodging (-0.5%). Meanwhile, public construction spending fell 0.2%, led by declines in both residential (-2.7%) and nonresidential (-0.2%) segments. Year-on-year, construction spending grew by 1.6%. Source: Trading Economics 2026-05-08 hellenicshippingnews... tweet Share