US construction spending up 0.4pc in April

(Sharecast News) - US construction spending increased by 0.4% month-on-month to $2.17trn in April, according to the Census Bureau, ahead of March's $2.16trn figure and April 2025's $2.15trn print.

Private construction spending was up 0.4% at $1.63trn, bbuoyed by a 0.8% increase in residential activity, while public construction also ticked up 0.4% to $532.7bn, fuelled by gains in both the residential and non-residential segments - up 0.7% and 0.4%, respectively.

For the first four momths of 2026, construction spending came to $657.2trn, up 0.2% year-on-year.

Reporting by Iain Gilbert at Sharecast.com