Boston Real Estate Investors Association

Construction Spending Up in January

Construction Spending Up in January

The U.S. government is reporting that total construction spending in January was at a seasonally adjusted annual rate of $ 1,369.2 billion, which is 1.8% above December’s revised estimate.  In addition, January’s figure is 6.8% higher than January, 2019.  Total residential construction was at a seasonally adjusted annual rate of $ 554.8 billion in January, which is 2.1% higher than December’s revised estimate.

Click here to read the full report at the U.S. Census Bureau.

The post Construction Spending Up in January appeared first on Real Estate Investing Today.

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