Construction spending had a 1.3 percent bump in January to $1.28 trillion, a 0.3 percent increase from January 2018, according to the U.S. Census Bureau.
Residential spending declined 0.3 percent from December and fell 5.7 percent compared with January 2018. Nonresidential spending was up 2.4 percent from December and 4.8 percent year-over-year.
Total private construction grew 0.2 percent from December and had a 2.0 percent drop from January 2018. Total public construction increased 4.9 percent from December and 8.0 percent compared with January 2018.
The full January spending report can be found here.
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