TABLE-U.S. March construction spending rose 0.2 pct

May 3 (BestGrowthStock) – U.S. Commerce Department seasonally adjusted annual rates of construction spending, with comparisons:
PERCENT CHANGE: March Feb March10/09
Total Spending 0.2 -2.1 -12.3
Private Spending -0.9 -2.4 -15.3

Residential -1.1 -3.4 1.2

Lodging -4.6 -9.2 -60.4

Office -2.8 -3.5 -42.1

Commercial -1.3 -3.0 -37.2

Transportation 0.3 -0.5 -3.8

Manufacturing 5.2 1.7 -28.4
Public Spending 2.3 -1.6 -6.3

Educational -2.2 0.5 -16.9

Highways/streets 1.5 -3.7 -1.4

BILLIONS OF U.S. DOLLARS:

March Feb March09
Total Spending 847.3 845.5 966.7
Private Spending 550.8 555.7 650.4

Residential 251.8 254.6 248.9

Lodging 12.4 13.0 31.2

Office 27.9 28.7 48.1

Commercial 40.8 41.3 65.0

Transportation 8.3 8.3 8.7

Manufacturing 58.7 55.8 82.0
Public Spending 296.5 289.9 316.3

Educational 75.9 77.6 91.4

Highways/streets 78.1 77.0 79.2

PREVIOUSLY REPORTED PCT CHANGES:

Feb Jan

Total Spending -1.3 -1.4

Private Spending -1.2 -1.7

Public Spending -1.7 -0.8

FORECAST:

Reuters survey of Wall Street economists forecast:

U.S. March construction spending -0.3 pct

Money

TABLE-U.S. March construction spending rose 0.2 pct