Tag: Spending

Storms Suppress Nonresidential Construction Spending in October, Says ABC

National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential...

Nonresidential Construction Spending Falls in June

August 9, 2024 69

“A new trend in nonresidential construction is emerging, and it’s not a good thing,” said ABC Chief Economist Anirban Basu. “Despite a bevy of megaprojects in certain parts of the nation, overall nonresidential construction spending appears to...