{"id":45285,"date":"2021-05-03T19:27:14","date_gmt":"2021-05-03T15:27:14","guid":{"rendered":"https:\/\/noortrends.ae\/en\/?p=45285"},"modified":"2021-05-03T19:27:22","modified_gmt":"2021-05-03T15:27:22","slug":"u-s-construction-spending-rises-in-march","status":"publish","type":"post","link":"https:\/\/noortrends.ae\/en\/u-s-construction-spending-rises-in-march\/05\/03\/market-updates\/","title":{"rendered":"U.S. Construction Spending Rises in March"},"content":{"rendered":"\n<p>Spending on construction projects in the United States increased in March but the increase came below market expectations, official data showed.<\/p>\n\n\n\n<p>U.S. construction spending increased by 0.2% in March to reach a seasonally adjusted annual rate of $1.51 trillion, according to data by the U.S. Department of Commerce released on Monday.<\/p>\n\n\n\n<p>A recent poll by the Wall Street Journal was expecting the index to increase by 1.8%.<\/p>\n\n\n\n<p>Construction spending still rose by 5.3% on an annual basis.<\/p>\n\n\n\n<p>The February reading was revised to a decline of 0.6% from an initial estimate of a 0.8% decrease.<\/p>\n\n\n\n<p>Spending on private construction grew by 0.7%, while public construction spending plunged by 1.5%.<\/p>\n\n\n\n<p>Meanwhile, residential construction increased by 1.7%, while spending on nonresidential and infrastructure sectors leveled down by 0.9%.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Spending on construction projects in the United States increased in March but the increase came below market expectations, official data showed. U.S. construction spending increased by 0.2% in March to reach a seasonally adjusted annual rate of $1.51 trillion, according to data by the U.S. Department of Commerce released on Monday. A recent poll by &hellip;<\/p>\n","protected":false},"author":10,"featured_media":36478,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[36],"tags":[7179],"class_list":["post-45285","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-market-updates","tag-construction"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45285","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/10"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=45285"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45285\/revisions"}],"predecessor-version":[{"id":45286,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/45285\/revisions\/45286"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/36478"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=45285"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=45285"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=45285"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}