The U.S. Census Bureau of the Department of Commerce announced that construction spending during January 2016 was estimated at a seasonally adjusted annual rate of $1,140.8 billion, 1.5 percent (±1.0 percent) above the revised December estimate of $1,123.5 billion. The January figure is 10.4 percent (±1.6 percent) above the January 2015 estimate of $1,033.3 billion.
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