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January construction spending +1.8%; to.....>

US DATA
US DATA: January construction spending +1.8%; December revised to 
+0.2% (previous -0.2%). January's total construction spending was the 
largest increase since February 2018, bolstered by unseasonably warm 
temperatures. Private construction was up +1.5%,  the biggest gain since 
November 2019, driven by residential construction (+2.1%). Public 
construction was up by +2.6%, the largest gain since April 2019, driven 
by Federal construction spending (+9.9%). 

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