U.S. Construction Spending Down Slightly in January
The U.S. government is reporting that total construction spending in January, 2023 was at a seasonally adjusted annual rate of $1,825.7 billion, which is 0.1% below December’s revised estimate but is 5.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $847.4 billion in January, which is 0.6% [...] The post U.S. Construction Spending Down Slightly in January appeared first on Real Estate Investing Today.
The U.S. government is reporting that total construction spending in January, 2023 was at a seasonally adjusted annual rate of $1,825.7 billion, which is 0.1% below December’s revised estimate but is 5.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $847.4 billion in January, which is 0.6% below December’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
The post U.S. Construction Spending Down Slightly in January appeared first on Real Estate Investing Today.
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