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Tag Archives: Construction Spending

Construction Spending Falls Unexpectedly

U.S. construction spending experienced the largest decline in three months, raising unexpected concerns among market watchers in the industry, the U.S. Census Bureau of the Department of Commerce announced Friday.

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Construction Spending Dips Slightly in January

Privately funded construction dropped 0.5 percent from a seasonally adjusted annual rate of $697.6 billion in January from $700.9 billion in December. The monthly total, however, was 0.5 percent above the estimated $694.1 billion of construction put in place in January 2014.

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