The latest Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau has indicated a slight (0.1%) increase in nonresidential construction spending nationwide for the month of January. On a seasonally adjusted annualized basis, nonresidential spending totaled just under $1.25 trillion.Spending was up on a monthly basis in 12 of the 16 nonresidential subcategories. Private nonresidential spending remained unchanged, while public nonresidential construction spending also went up 0.2% in January. The optimism comes amidstconcerns over new tariffs and their effects on the American housing market.Table credit: Associated Builders and Contractors"Nonresidential construction spending rebounded slightly in January, yet this report is far from encouraging," ABC Chief Economist Anirban Basu said. 'Data center construction spending increased another 1.9% for the month, accounting for more than three-fourths of the monthly increase in nonresidential acti...