Construction spending rises 1.5 percent in January

By Anonymous -
Total construction spending increased to $1.141 trillion in January, which was 1.5 percent higher than the revised December 2015 estimate of $1.124 trillion, according to the U.S. Census Bureau.

The January figure is 10.4 percent higher than the January 2015 estimate of $1.033 trillion.

In January, private construction rose 0.5 percent, reflecting no change for residential construction and a 1 percent increase in nonresidential construction.

Public construction projects in January increased 4.5 percent. 


From NRCA

Trenton H. Cotney
Florida Bar Certified Construction Lawyer
Trent Cotney, P.A. 
407 N. Howard Avenue
Suite 100
Tampa, FL 33606
www.trentcotney.com

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