Construction spending in January fell by $5.5 billion to $884 billion, its lowest level since June 2003, according to Â鶹ÊÓƵ's analysis of new federal figures. Declining investments in private-sector non-residential construction and public construction at all levels of government drove the decline, Â鶹ÊÓƵ's chief economist Ken Simonson said.
Read Â鶹ÊÓƵ's press release .
For more information, contact Brian Turmail at (703) 837-5310 or turmailb@agc.org.
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