(Reuters) - Private residential building fell 1 percent to $568.8 billion in March. Construction in that sector was up by 1.8 percent in February, the Commerce Department said on Monday, revising its original estimate of a 1 percent decline. February's rise was the first after 10 straight monthly declines in that residential component of construction spending.
Private nonresidential construction rose 2.4 percent in March to an all-time high of $331.5 billion. Federal construction spending in March was down 4.1 percent from the previous month.
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