US Construction spending for January 1.3% vs 0.2% estimate

• Construction spending 1.3% versus 0.7% estimate.
• Prior month 0.2% revised to 0.8%
• Year on year gain in construction spending 8.2%
• private construction rose 1.5%
• residential construction rose 1.3%
• nonresidential construction 1.8%
• public construction 0.6%

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