Tag Archives: Nonresidential construction spending
February Shows Slight Dip in Nonresidential Construction Spending
Nonresidential construction spending fell 1.4 percent in February, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors (ABC). Spending in the sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. It’s a slight … Continue reading
Spending Down Again in December
Nonresidential construction spending dipped for the second month in a row in December, according to Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data. The month saw a 0.4-percent decline, as spending totaled $681.2 billion on a seasonally … Continue reading
Spending in Nonresidential Construction Cools Off in August
Nonresidential construction spending saw a dip in August, according to recently released data from the U.S. Census Bureau. Nonresidential construction spending shrank 1.2 percent on a monthly basis in August, though it has still managed to expand 6 percent year-over-year. … Continue reading