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Construction Spending Hits Four-Year High in July

2013-09-03 19:54:00| Electrical Construction & Maintenance

Total construction spending hit a four-year high in July read more

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Construction Spending Slips in June

2013-08-05 18:54:00| Electrical Construction & Maintenance

Residential market pauses while private nonresidential and public spending decline read more

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Nonresidential Construction Spending Inches Up in May

2013-07-03 17:37:00| Electrical Construction & Maintenance

Showing yet another sign of slow economic recovery, the nation's nonresidential construction spending inched up 0.1% in May, according to a July 2 report by the U.S. Commerce Department. read more

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Nonresidential Construction Spending Inches Up 0.1 Percent in May

2013-07-01 06:00:00| Industrial Newsroom - All News for Today

According to July 2 report by U.S. Commerce Department, total construction spending, which includes nonresidential and residential spending, was up 0.5% for month and 5.4% from May 2012. ABC Chief Economist Anirban Basu noted that “The economy has now entered its fifth year of economic recovery and many economic forecasters expect an acceleration of growth later this year and in 2014." Basu also noted the hindering effects of ongoing sequestration. This story is related to the following:Trade Associations

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