• Construction Spending Increased 1.7% in January

    1 month ago - By Calculated Risk

    From the Census Bureau reported that overall construction spending increased:
    Construction spending during January 2021 was estimated at a seasonally adjusted annual rate of $1,521.5 billion, 1.7 percent above the revised December estimate of $1,496.5 billion. The January figure is 5.8 percent above the January 2020 estimate of $1,437.7 billion.
    emphasis added Both private and public spending increased:
    Spending on private construction was at a seasonally adjusted annual rate of $1,160.0 billion, 1.7 percent above the revised December estimate of $1,140.9 billion....
    In January, the...
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  • US spending on construction projects rises 1.7% in January

    US spending on construction projects rises 1.7% in January

    1 month ago - By Stl Today

    SILVER SPRING, Md. - Spending on U.S. construction projects rose 1.7% in January as new home building continues to lift the sector.
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