Tags: nonresidential construction
Construction spending declines 1.7 percent in March
Construction spending decreased by 1.7 percent in March to a seasonally adjusted annual rate of $856.7 billion, the lowest it has been since August 2012, our sister site, Equipment World, reported.
These figures come on the heels of a 1.2-percent boost ... Read More...
Construction spending up 1.2 percent in February
Our sister site, Equipment World, reported this week on a 1.2-percent increase in construction spending in February.
These figures follow a 2.1-percent decrease in January, bringing the seasonally adjusted rate to $885.1 billion. That number up 7.9 percent year-over-year, and Equipment ... Read More...
The nation is ‘hurling itself toward a fiscal cliff,’ says ABC chief economist
The U.S. Department of Labor's latest employment report is out. For some key industry sectors, it's good news -- but not for construction.
This is not news we want to hear, but I certainly think it's going to fuel the fire ... Read More...
Home builder confidence index remains flat
Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today. This means that following five consecutive ... Read More...
FMI predicts 5 percent 2012 construction growth
Construction consultant FMI's first-quarter 2012 Construction Outlook Report shows a 5 percent increase over 2011 for total construction put in place, or $826.3 billion.
According to the report, in order for residential construction to achieve the 8 percent increase projected and ... Read More...
Stimulus funds boost April’s construction spending numbers
Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, ... Read More...
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