US construction spending for March +0.9% versus -3.5% estimate

US construction spending for March 2020
US construction spending for the month of March rose by 0.9%. That was much better than the -3.5% estimate.
– Construction spending +0.9% versus -3.5% estimate. Residential 2.3%. Nonresidential -0.1%
Much better-than-expected numbers but the revision to the February number did take some of the surprise strength away and government construction was