--- title: Construction spending dips slightly, still shows improvement over a year ago - Concord LP | Concord Energy Strategies description: Construction spending in January made modest gains over levels in January 2014, but slipped from a six-year high in December, according to an analysis of Census Bureau data by the Associated General Contractors of America (AGC). Spending totaled $971 billion. While private residential construction slipped from a year earlier, both the public and private nonresidential […] image: https://www.concordlp.com/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg --- [Home](https://www.concordlp.com/) [/ News](https://www.concordlp.com/news) / Construction spending dips slightly, still shows improvement over a year ago ![](https://www.concordlp.com/hubfs/Blog%20Assets/blog-header-bg.webp) [Construction](https://www.concordlp.com/news/tag/construction) Published: Mar 02, 2015 | Updated: Mar 02, 2015 | 1 min # Construction spending dips slightly, still shows improvement over a year ago Posted By [ Concord ](https://www.concordlp.com/news/author/concord) Share Now [![Share on linkedin](https://www.concordlp.com/hubfs/linkedin-icon.svg) ](http://www.linkedin.com/shareArticle?mini=true&url=https://www.concordlp.com/news/construction-spending-dips-slightly-still-shows-improvement-year-ago&utm_medium=social&utm_source=linkedin) [![Share on twitter](https://www.concordlp.com/hubfs/x-icon.svg) ](https://twitter.com/intent/tweet?original_referer={{%20social_link_url%20}}&url={{%20social_link_url%20}}&source=tweetbutton&text={{content.name|striptags}) [![Share on facebook](https://www.concordlp.com/hubfs/facebook-icon.svg) ](http://www.facebook.com/share.php?u=https://www.concordlp.com/news/construction-spending-dips-slightly-still-shows-improvement-year-ago&utm_medium=social&utm_source=facebook) ![link-icon](https://www.concordlp.com/hubfs/link-icon.svg) Construction spending in January made modest gains over levels in January 2014, but slipped from a six-year high in December, according to an analysis of Census Bureau data by the Associated General Contractors of America (AGC). Spending totaled $971 billion. While private residential construction slipped from a year earlier, both the public and private nonresidential sectors rose. “Construction continues to expand overall but with a lot of variability by month and segment,” said Ken Simonson, the association’s chief economist. “The generally positive trends are obscured by an unreliable estimate for residential improvements which purportedly shows a huge downturn that is inconsistent with other data.” For more information, [visit the following link](https://www.agc.org/news/2015/03/02/construction-spending-january-rises-year-earlier-slips-december-most-private). ***As construction spending grows, so do opportunities to incorporate energy-efficient designs in your projects — and to earn the Section 179D deduction (up to $1.80 per square foot). As the country’s leading specialist in this deduction, Concord has the experience, knowledge and capacity to handle any project, at every step of the way. Contact us at 888-897-5445 or [via the following link](mailto:dennis@concordlp.com), and find out what Concord can do.*** Related Articles ![](https://www.concordlp.com/images/Related%20article%20image.png) Jul 16, 2025 179D Extended! 2017 Projects Now Eligible ## Related **articles** ![](https://www.concordlp.com/hs-fs/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg?width=800&height=500&name=concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg) [Construction](https://www.concordlp.com/news/tag/construction) Aug 01, 2016 ### Construction Spending Declines [Explore resource](https://www.concordlp.com/news/construction-spending-declines) ![](https://www.concordlp.com/hs-fs/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg?width=800&height=500&name=concord-default-featured-image-Mar-19-2024-10-31-16-1584-AM-Mar-19-2024-11-45-37-5807-AM-Mar-19-2024-12-32-05-0430-PM.jpg) [AIA](https://www.concordlp.com/news/tag/aia) Jul 26, 2016 ### AIA Sees Steady, but Moderating, Path Ahead for Construction [Explore resource](https://www.concordlp.com/news/aia-sees-steady-moderating-path-ahead-construction) ![](https://www.concordlp.com/hs-fs/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg?width=800&height=500&name=concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg) [Construction](https://www.concordlp.com/news/tag/construction) Jul 08, 2016 ### Construction Employment Hits Doldrums Early [Explore resource](https://www.concordlp.com/news/construction-employment-hits-doldrums-early) ```json { "@context" : "https://schema.org", "@type" : "BlogPosting", "author" : { "@type" : "Person", "name" : "Concord", "url" : "https://www.concordlp.com/news/author/concord" }, "dateModified" : "2024-03-19T12:36:23.859Z", "datePublished" : "2015-03-02T05:00:00.000Z", "headline" : "Construction spending dips slightly, still shows improvement over a year ago - Concord LP | Concord Energy Strategies", "image" : [ "https://www.concordlp.com/hubfs/Imported_Blog_Media/concord-default-featured-image-Mar-19-2024-10-34-37-2736-AM-Mar-19-2024-11-48-56-2853-AM-Mar-19-2024-12-35-30-6865-PM.jpg" ], "mainEntityOfPage" : { "@id" : "https://www.concordlp.com/news/construction-spending-dips-slightly-still-shows-improvement-year-ago", "@type" : "WebPage" }, "publisher" : { "@type" : "Organization", "logo" : { "@type" : "ImageObject", "url" : "https://www.concordlp.com/hubfs/concord-logo.svg" } } } ```