Tag: Nonresidential
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Nonresidential construction prices notch ‘far-too-hot’ 9% annualized gain
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nonresidential construction input prices soared in February to notch a red-hot 9% annualized pace year to date, according to Associated Builders and Contractors. Overall construction inputs gained 0.6% for the month, following the biggest jump…
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$1.248 Trillion was Spent in Nonresidential Construction in January
According to an analysis by the Associated Builders and Contractors of published data from the U.S. Census Bureau, national nonresidential construction spending increased 0.1% in January. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.248 trillion. However, their economist expresses some concern. 12 of the 16 nonresidential subcategories, spending was up on a monthly…