Tags: private construction spending

Economist: U.S. economy and nonresidential construction sector in a ‘holding pattern’

Sep 04, 2012

Economist: U.S. economy and nonresidential construction sector in a ‘holding pattern’

Despite a 0.9-percent drop in construction spending in July — including both residential and non-residential building — spending is up 9.3 percent year-over-year, according to the Associated Builders and Contractors (ABC) report, citing the U.S. Census Bureau’s Sept. 4 numbers. Non-residential construction spending ...

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