Construction spending during January 2024 was estimated at a seasonally adjusted annual rate of $2,102.4 billion, 0.2 percent below the slightly upward revised December estimate of $2,105.8 billion. However, the January figure is still 11.7 percent above the January 2023 estimate of $1,882.2 billion; with nearly all of the month vs. month slippage occurring in the public sector.  READ MORE