Construction spending grew in April
Construction spending increased slightly in April, led by increases in multifamily and single-family projects.
Contractors: lean and mean in 2011
It’s no secret that the past few years have been tough for the construction industry. Since 2008, construction spending in the United States has decreased nearly $300 billion and has resulted in a 2 percent reduction in the nation’s economy, according to the American Institute of Architects. From all accounts, this past year wasn’t much different.
U.S. construction spending down in July
Construction spending across the country was down from a month previous at the end of July, but up slightly from the same time last year.
Construction spending expected to drop in 2011, rise in 2012
After a projected decline in construction spending this year, the American Institute of Architects expects construction spending to rebound, and even increase, in 2012.
Construction spending up 1.2 percent in March
U.S. Construction spending rose 1.2 percent in March to $768.9 billion, according to a report released this morning by the Commerce Department. The increase is the largest uptick in construction spending since last April and got a boost from private construction, particularly in the residential and manufacturing areas.
Construction spending down in February
Construction spending across the entire United States fell 1.4 percent February, continuing a downward trend since last November.
Construction spending on the rise in November
Construction spending rose 0.4 percent between October and November 2010, according to a report released today by the U.S. Department of Commerce. Spending rose from a seasonally adjusted annual rate […]
Construction spending to remain flat in 2011
While nonresidential construction is forecast to remain flat in 2011, industry professionals believe a predicted shift in the type of work being done will get the industry moving in the right direction.
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