US construction spending for December 0.9% versus 0.5% expected ...Middle East

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US construction spending for December 0.9% versus 0.5% expected
Prior month 0.4% revised to 0.9%Construction spending for December 0.9% versus 0.5% expectedPrivate construction x.x% vs 0.7% last monthPublic construction x.x% vs -0.7% last monthDetails from the Census Bureau.Total Construction:December 2023 construction spending was $2,096.0 billion, a 0.9% increase from November's revised estimate of $2,078.3 billion.The December 2023 figure is 13.9% higher than the December 2022 estimate of $1,840.9 billion.Total construction spending for 2023 amounted to $1,978.7 billion, marking a 7.0% rise from the $1,848.7 billion spent in 2022.Private Construction:December 2023 construction spending reached $2,096.0 billion, up 0.9% from November 2023's $2,078.3 bi

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