US construction spending unexpectedly falls in January

US construction spending unexpectedly falls in January

WASHINGTON, March 1 (Reuters) - U.S. construction spending unexpectedly fell in January as weakness in outlays on public projects more than offset a moderate increase in private homebuilding.

https://www.reuters.com/markets/us/us-construction-spending-unexpectedly-falls-january-2024-03-01/

While unexpected, the dip in construction spending may reflect broader economic shifts. How might this impact clean energy infrastructure projects, Rigo Hernandez, CPE, Assoc. AIA?

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