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Nonresidential Construction Index Hits Record High

2013-05-28 18:35:00| Electrical Construction & Maintenance

The Nonresidential Construction Index (NRCI) score of 60.1 is a 2-point improvement over Q1 and the highest score for the NRCI since its inception in Q1 2009 read more

Tags: index high record construction

Nonresidential Construction Spending Slips 2.9 Percent in March

2013-05-01 06:00:00| Industrial Newsroom - All News for Today

According to May 1 construction spending report by U.S. Census Bureau, nonresidential construction spending declined 2.9% in March. Year-over-year total nonresidential construction spending is down 1.2%, and total nonresidential construction spending stands at $555.08 billion on annual basis. Respectively, private and public segments registered monthly declines of 1.5% and 4.5% in construction spending. Residential construction spending was up 0.7% for month and 17.8% year-over-year. This story is related to the following:Trade Associations

Tags: march construction percent spending

Nonresidential Construction Spending up 0.7 Percent in February

2013-04-01 06:00:00| Industrial Newsroom - All News for Today

According to April 1 construction spending report by U.S. Commerce Department, nation’s nonresidential construction spending rose 0.7% in February. Total nonresidential construction spending stands at $575.6 billion, and is up 2.6% from 1 year ago. In February, private nonresidential construction spending rose 0.4% on monthly basis and 6.1% on year-over-year basis, while public nonresidential construction spending expanded 1.1% on monthly basis, but was still 1.2% lower from same time last ...This story is related to the following:Trade Associations

Tags: february construction percent spending