Updated

Republican candidate Jeb Bush saw contributions to his campaign nearly cut in half in the final quarter of 2015, compared to the third quarter.

The former Florida governor brought in $7.12 million in the fourth quarter of 2015, a significant drop from $13.3 million in the third quarter and $11.4 in the second quarter.

Officially launched in July, Bush's campaign raked in a total of $31.9 million in 2015. Heading into the 2016 election year, Bush has $7.58 million on hand.

Jeb continues to be encouraged and grateful for the tremendous support and enthusiasm his candidacy has generated since he launched his campaign. We are confident our campaign will have the resources needed to get Jeb's conservative record, message and vision for the future out to voters across the country," campaign spokeswoman Allie Brandenburger said in a statement.

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