Econoday was expecting a reading of +0.5%.

February was revised from -1.1% to -1.4%.

Census Release (.pdf):

http://www.census.gov/construction/c30/p....

Partial quote:

Quote:

MARCH 2012 CONSTRUCTION AT $808.1 BILLION ANNUAL RATE

The U.S. Census Bureau of the Department of Commerce announced today that construction spending during March 2012 was estimated at a seasonally adjusted annual rate of $808.1 billion, 0.1 percent (±1.4%)* above the revised February estimate of $807.3 billion. The March figure is 6.0 percent (±1.9%) above the March 2011 estimate of $762.6 billion.

During the first 3 months of this year, construction spending amounted to $171.2 billion, 6.7 percent (±1.6%) above the $160.4 billion for the same period in 2011.

PRIVATE CONSTRUCTION

Spending on private construction was at a seasonally adjusted annual rate of $531.9 billion, 0.7 percent (±1.3%)* above the revised February estimate of $528.1 billion. Residential construction was at a seasonally adjusted annual rate of $244.1 billion in March, 0.7 percent (±1.3%)* above the revised February estimate of $242.5 billion. Nonresidential construction was at a seasonally adjusted annual rate of $287.8 billion in March, 0.7 percent (±1.3%) above the revised February estimate of $285.7 billion.

PUBLIC CONSTRUCTION

In March, the estimated seasonally adjusted annual rate of public construction spending was $276.2 billion, 1.1 percent (±2.2%)* below the revised February estimate of $279.1 billion. Educational construction was at a seasonally adjusted annual rate of $69.1 billion, 1.2 percent (±3.5%)* below the revised February estimate of $70.0 billion. Highway construction was at a seasonally adjusted annual rate of $77.0 billion, 0.8 percent (±7.7%)* below the revised February estimate of $77.6 billion.

I have my civil engineering company. Our surveyor that we use has been busier than ever since the peak. That was in January. We are starting to see it very slowly. I have a feeling within the next year this will change since everyone is getting ready to go over the last 4 months. This is in SoCal and I think certain pocket areas are actually different than others.

all lies from the LIAR just like the MARKET never down always up no REALITY HERE IMPEACH THE Liar government head