Surge in public U.S. construction masks drop in private sector

OVERALL U.S. construction spending was little changed in April from the prior month. Government data showed that private construction plunged 1.7% from March, the worst drop in six years, while government building jumped 4.8%, with the biggest boost in federal outlays since 2017. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
OVERALL U.S. construction spending was little changed in April from the prior month. Government data showed that private construction plunged 1.7% from March, the worst drop in six years, while government building jumped 4.8%, with the biggest boost in federal outlays since 2017. / BLOOMBERG NEWS FILE PHOTO/DANIEL ACKER
PROVIDENCE – United States construction spending is going in different directions depending on whether it's spearheaded by governments or the private sector, with a surge in public outlays masking a slump in building by businesses. Overall spending was little changed in April from the prior month at an annual rate of $1.3 trillion, according to…

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