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United States Of America – Construction spending in the United States increased by 0.2 percent from the previous month to a seasonally adjusted annual rate of USD 1.640 trillion in December 2021, following an upwardly revised 0.6 percent increase in December and falling short of market forecasts for a 0.6 percent increase.
Private construction spending increased by 0.7 percent, driven mostly by new single-family residential construction (2.1 percent), amusement and leisure (3.3 percent), and accommodation (3.3 percent) (2.1 percent).
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On the other side, public construction expenditures decreased by 1.6 percent, dragged down by transportation (-3.0%), education (-1.4%), and sewage and waste management (-1.4%). (-3.9 percent).
This report is based on data from the U.S. Census And May Not Take Into Effect Inflation
