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U.S.Economy: 
Construction Spending Drops 0.8% in January
Author: 123jump.com Staff
123jump.com
Last Update: 10:30 AM EST March 01 2007



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The U.S. Census Bureau of the Department of Commerce announced today that construction spending during January 2007 was estimated at a seasonally adjusted annual rate of $1,180.2 billion, 0.8% below the revised December estimate of $1,189.3 billion. The January figure is 1.2% below the January 2006 estimate of $1,194.5 billion.

 

 

 

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