Business

US construction spending up 0.1 percent in January

By Martin Crutsinger
Published March 3, 2014 3:59pm ET
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US construction spending up 0.1 percent in January
FILE - In this Jan. 27, 2014 file photo, Shelby Whitledge, an electrician with Beltline Electric company, works on electrical data in the lobby of the downtown Owensboro Convention Center in Owensboro, Ky. The Commerce Department reports on U.S. construction spending in January on Monday, March 3, 2014. (AP Photo/ Messenger-Inquirer, Jenny Sevcik) | Jenny Sevcik

WASHINGTON (AP) — U.S. construction spending showed a tiny increase in January as strength in housing helped to offset declines in nonresidential building and government projects.

Construction spending edged up 0.1 percent in January, significantly slower than an upwardly revised 1.5 percent gain in December, the Commerce Department reported Monday.

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