Nonresidential Construction Spending Down in July

Source: Associated Builders and Contractors  National nonresidential construction spending fell 1.2 percent in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $809.1B for the month.  Of the 16 nonresidential subcategories, 10 were down on a monthly basis. Private nonresidential spending declined 1.0 percent while public nonresidential construction […]

Construction Output Drops Significantly

Source: Associated Builders and Contractors  The U.S. economy contracted at an annualized rate of 32.9 percent during the second quarter of 2020, according to an Associated Builders and Contractors analysis of data by the U.S. Bureau of Economic Analysis. Nonresidential and residential fixed investment contracted by 27.0 and 38.7 percent, respectively, while investment in nonresidential fixed structures contracted by […]

ABC: Nonresidential Spending Up Slightly in Oct.

Source: Associated Builders and Contractors National nonresidential spending increased 0.1 percent in October, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released. Total nonresidential spending for the month stood at $763.8B on a seasonally adjusted annualized rate, which represents a 7.3 percent increase over the same time last year. Thirteen […]