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 […]

Impacts on Budget, Lives Could be Dire

By Howard Fischer for Capitol Media Services via Arizona Daily Star  The COVID-19 outbreak is going to blow a billion-dollar hole in state finances.  And about 775 Arizonans will die by the end of May from the virus.  Those predictions from the Joint Legislative Budget Committee as staffers said the decline in state revenues plus additional costs to the […]