U.S. Construction Spending Drops Slightly in February By Brad Beckett - Wednesday, May 8, 2024 0 Comments U.S. Construction Spending Drops Slightly in February The U.S. government is reporting that total construction spending in February, 2024 was at a seasonally adjusted annual rate of $2,091.5 billion, which is 0.3% lower than January’s number. However, February’s revised estimate is 10.7% higher than one year ago. Residential construction came in at a seasonally adjusted annual rate of $901.1 billion in February, which is 0.7% higher than January’s revised estimate. [EVENTS-CAROUSEL] Refer this blog post to your friends and colleagues... Share Tweet