Tag: ABC’s Construction Economic Update
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ABC’s Construction Economic Update-Nonresidential Construction Spending Falls in December
Nonresidential Construction Spending Falls in December December represented the end of a three-month winning streak for nonresidential spending growth. According to a Feb. 3 release by the U.S. Census Bureau, nonresidential construction spending fell 1.3 percent on a monthly basis and 1.1 percent on a yearly basis in December. Spending for the month totaled $573.07…