Posts Tagged ‘ contruction ’

Nonresidential Construction Spending Returns to Normal

Jan 7th, 2014

Nonresidential construction spending grew 0.6 percent on a monthly and yearly basis in November 2013, according to the January 2 release by the U.S. Census Bureau. In November, spending totaled $583.436 billion on a seasonally adjusted, annualized basis, according to information from the Associated Builders and Contractors (ABC). “Construction activity bounced back in November, due […]

July Construction Recedes Two Percent Overall but Building Numbers Grow

Aug 22nd, 2013

According to the latest construction starts numbers, released by McGraw Hill Construction, new construction starts in July decreased 2 percent to a seasonally adjusted annual rate of $479.1 billion, according to the report. Nonresidential building strengthened in July, regaining some of the upward momentum that began to take hold in April and May, while residential […]