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New Construction Spending For January 2021

By
Industry Observer CDRE #01044712

On March 1, 2021, the U.S. Census Bureau reported nationwide construction spending higher 1.7% to $1,521.5 billion in January of 2021 from $1,496,5 billion December of 2020, and rose 5.8% from $1,437.7 billion in January of 2020.

Nationwide private construction gained 1.7% to $1,160.0 billion in January of 2021 from $1,140.9 billion in December of 2020.

Residential construction increased 2.5% of $713.0 billion in January of 2021 from $695.7 billion December of 2020.

Non residential construction up 0.4% to $447.0 billion in January of 2021 from $445.2 billion in December of 2020.

The public construction grew 1.7% to $361.5 billion in January of 2021 from $355.5 billion in December of 2020.

The educational construction down 0.1% to $89.9 billion in January of 2021 from $90.0 billion in December of 2020.

The highway construction jumped 5.8% to $107.8 billion in January of 2021 from $101.9 billion in December of 2020.

For complete more detailed information about the U.S. Census Bureau on monthly construction spending in January of 2021, please click HERE

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John Pusa

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Anthony Acosta - ALLATLANTAcondos.com
Harry Norman, REALTORS® - Atlanta, GA
Associate Broker

Good  evening John Pusa 

Thank  for  Sharing  your  information  with  us  about  the  new  Construction  spending  for  January  2021.  

Mar 04, 2021 07:14 PM
John Pusa
Glendale, CA

Good evening Anthony Acosta - ALLATLANTACONDOS.COM  you are welcome, and glad you find the report very valuable. Thanks for the comment.

Mar 04, 2021 07:52 PM