The U.S. government is reporting that total construction spending in January, 2025 was at a seasonally adjusted annual rate of $2,192.5 billion, down 0.2% from December’s revised number. However, January’s estimate is 3.3% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $932.7 billion in January, which is 0.4% lower than December’s revised estimate.
Click here to read the full report at the U.S. Census Bureau.
