Tag: Trillion
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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…