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Economy

Economic Data (USA)

Monday, March 02, 2009

Construction Spending during January 2009

Earlier today, the U.S. Census Bureau -- which is part of the U.S. Commerce Department -- released the Construction Spending report for January 2009:

Predicted: -1.5%
Actual: -3.3%

The above percentages represent the month-to-month change in new public and private construction activity for the United States. The "predicted" figure is what economists and Wall Street forecasters were expecting, while the "actual" is the true or real figure.

Change from one year previous: -9.1%

Click here to view the full Census Bureau report.

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