Analyzing the Impact of US January Construction Spending Report
Friday, 1 March 2024, 15:00
US January Construction Spending Report
The US January construction spending report revealed a -0.2% decline compared to the expected +0.2% growth. This signals challenges in the construction sector.
Details:
- Private construction: +0.1% (prior was +0.9%)
- Public construction: -0.9% (prior was +1.3%)
This data suggests a mixed performance in the construction industry, with private construction showing slight growth while public construction facing a decline.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.