Tag: stalls
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Interest rate fog stalls construction momentum
Listen to the article 5 min This audio is auto-generated. Please let us know if you have feedback. In the first half of the year, one word continued to appear in headlines surrounding broad economic and political change: “uncertainty.” Construction Dive’s Uncertainty Series delves into how this lack of clarity is affecting contractors and what…
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Construction spending stalls despite data center boom
Dive Brief: Nonresidential construction spending ticked up 0.1% in January to a seasonally adjusted annual rate of $1.25 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Monday. Even though spending increased in 12 of the 16 nonresidential subcategories, data center construction accounted for more than 75% of the…