Construction site Photo by Sean Gallup/Getty Images

Value of New Construction Holds Steady in January, Up 3.2% Year-Over-Year

Construction spending during January 2018 was estimated at a seasonally adjusted annual rate of $1,262.8 billion, nearly the same as the revised December estimate of $1,262.7 billion.  The U.S. Census Dept. said the January figure is 3.2% above the January 2017 estimate of $1,223.5 billion.

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