Private Nonresidential Construction Rises 0.5% in April
“April represented the third consecutive month during which privately financed construction activity rose while publicly financed activity declined,” said Associated Builders and Contractors Chief Economist Anirban Basu. Total nonresidential construction spending – which includes both privately and publicly financed construction – was $524.1 billion in April, down 0.8% for the month and down 8% from the same time last
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