Tag: Drops
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Construction spending drops for fourth straight month
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nonresidential construction spending dropped 0.2% in May to a seasonally adjusted annual rate of $1.237 trillion, according to an Associated Builders and Contractors analysis released July 1. Spending fell from the month prior in eight…
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Industrial Construction Drops 63% Across Largest U.S. Markets
The industrial real estate market across the U.S. is entering a new phase of balance after years of explosive growth. According to Colliers, the 25 largest U.S. industrial markets now account for 76% of the country’s total industrial inventory, continuing to drive national trends despite a notable slowdown in construction and leasing activity. Supply Shrinks,…