Posts Tagged ‘nonresidential construction’

Uneven Pattern in Construction Spending ‘Likely to Last’

Jun 10th, 2014

For the third straight month, total construction rose at a modest rate in April, though Associated General Contractors (AGC) of America officials caution its recovery remains “fragile and fragmented” with an uneven pattern “likely to last.” “Residential, private nonresidential and public construction spending all have areas of strength but also pockets of weakness,” says Ken […]

Nonresidential Construction Spending Returns to Normal

Jan 7th, 2014

Nonresidential construction spending grew 0.6 percent on a monthly and yearly basis in November 2013, according to the January 2 release by the U.S. Census Bureau. In November, spending totaled $583.436 billion on a seasonally adjusted, annualized basis, according to information from the Associated Builders and Contractors (ABC). “Construction activity bounced back in November, due […]