January construction spending up 3.3% YoY
Construction spending during January 2025 was estimated at a seasonally adjusted annual rate of $2,192.5 billion, 0.2% (±0.7%* below the revised December estimate of $2,196.0 billion. The January figure is 3.3% (±1.3%) above the January 2024 estimate of $2,122.2 billion.
Private Construction
Spending on private construction was at a seasonally adjusted annual rate of $1,686.0 billion, 0.2% (±0.7%)* below the revised December estimate of $1,690.1 billion.
Residential construction was at a seasonally adjusted annual rate of $932.7 billion in Jan-uary, 0.4% (±1.3%)* below the revised December estimate of $936.9 billion. Nonresidential construction was at a seasonally adjusted annual rate of $753.3 billion in January, virtually unchanged from (±0.7%)* the revised December estimate of $753.2 billion.
Public Construction
In January, the estimated seasonally adjusted annual rate of public construction spending was $506.6 billion, 0.1% (±1.3%)* above the revised December estimate of $505.9 billion. Educational construction was at a seasonally adjusted annual rate of $109.8 billion, 0.4% (±2.0%)* below the revised December estimate of $110.3 billion.
Highway construction was at a seasonally adjusted annual rate of $145.0 billion, 0.6% (±3.9%)* above the revised December estimate of $144.1 billion.
INDUSTRIAL SUPPLY MAGAZINE
The March/April issue of Industrial Supply magazine features an in-depth cover story about Industrial Supply Co. 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.
