Construction spending down to $846.2 billion, lowest in 7 years

|  April 05, 2010 |

Construction spending in the U.S. fell in February to the lowest level in more than seven years, according to an April 1 Bloomberg report.

The report noted that the 1.3 percent decrease to $846.2 billion, the lowest since November 2002, followed a revised 1.4 percent drop in January that was more than twice as large as previously estimated, Commerce Department figures showed in Washington on April 1.

Do you want some tips to stay safe on the job site?

Equipment World has created an entire section devoted to safety.

Click here to check it out. »

 

Here are the most recent tips we've posted:

Hauling headaches: Know your load limits when trailering equipment

One-man machines: The operator should be the only person on a wheel loader

advertisement
advertisement
advertisement
advertisement