Steel Markets
March 8, 2020
Construction Put in Place Data for January
Written by Peter Wright
In January, total construction continued to boom with a 5.1 percent year-over-year growth rate
Total construction is enjoying a remarkable turnaround with positive momentum in all sectors. The January results for total construction spending yielded the best growth rate for 15 months. Growth is being led by state and locally funded work including infrastructure, but the growth of private construction became positive in December and January and has been improving since last July.
