January construction spending up 1% YoY
Construction spending during January was estimated at a seasonally adjusted annual rate of $2,190.4 billion, 0.3% below the revised December estimate of $2,197.6 billion.
The January figure is 1.0% above the January 2025 estimate of $2,169.6 billion.
Spending on private construction was at a seasonally adjusted annual rate of $1,661.2 billion, 0.6% below the revised December estimate of $1,671.6 billion. Residential construction was at a seasonally adjusted annual rate of $933.0 billion in January, 0.8% below the revised December estimate of $940.2 billion. Nonresidential construction was at a seasonally adjusted annual rate of $728.2 billion in January, 0.4% below the revised December estimate of $731.4 billion.
Public Construction
In January, the estimated seasonally adjusted annual rate of public construction spending was $529.2 billion, 0.6% above the revised December estimate of $526.0 billion. Educational construction was at a seasonally adjusted annual rate of $114.1 billion, 0.2% below the revised December estimate of $114.4 billion. Highway construction was at a seasonally adjusted annual rate of $148.5 billion, 3.3% above the revised December estimate of $143.8 billion.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Pack-n-Tape. Plus, we're featuring articles by contributing writers Dr. Bharani Nagarathnam and Frank Hurtte, as well as interviews with numerous product and distribution industry experts.
