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US construction spending rebounds in March

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Reuters
May 7, 2026
Mortgage RatesSource: GNews
US construction spending rebounds in March

U.S. construction spending rebounded in March, boosted by a surge in single-family homebuilding, but higher mortgage rates ​could limit further gains.

WASHINGTON, May 7 (Reuters) - U.S. construction spending rebounded in March, boosted by a surge in single-family homebuilding, but higher mortgage rates ​could limit further gains. The Commerce Department's Census Bureau ‌said on Thursday that constr... [1512 chars]

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