Construction fuel consumption dips 0.9% in March
| May 10, 2013 |
Annually, the index expanded and was up by 1.9 percent over March 2012. That marks the sixth consecutive month of annual growth for the index.
The index measures national fuel consumption statistics for the construction industry to provide an month-to-month measure of construction activity in the United States.
As you can see, the index does a pretty good job of indicating construction activity as it typically trends pretty closely with construction put-in-place value.
From our partners
In the years prior to 2008, many construction companies increased their fleet size to meet the demands of increasing workload.…