Wednesday, March 2, 2011
Construction News Headlines for March 2, 2011
Plunging Nonres. Spending Sinks Construction Volume Near 10-Year Low
Construction spending slumped 0.7% from December to $792 billion in January, the second-lowest seasonally adjusted annual rate since July 2000. The Associated General Contractors’ analysis of new Census Bureau data noted that nearly every private nonresidential category plunged, offsetting improvements in some residential and public nonresidential segments. Since January 2010, construction spending has declined by
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment