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Construction spending up 17 percent

Private commercial construction spending was up 17 percent nationally year-over-year in January, according to a report from the Associated General Contractors of America. Construction spending in January totaled $827 billion. While year-over-year construction spending was up across all sectors, spending slipped slightly in most construction categories in January, according to the report. Despite those declines,… Continue Reading Construction spending up 17 percent

Construction spending inches up

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Total construction spending increased 2.7 percent nationwide during April. At the same time, spending was revised up from 0.2 percent to 0.9 percent for March. Reed Construction Data Chief Economist Jim Haughey called the news “the strongest construction spending report in many years.” The April spending gain was much larger than suggested by April’s 24,000… Continue Reading Construction spending inches up

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