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Tag: highway bridge and transit investments

AGC: Construction spending up, but industry still ‘fragile’

Construction spending increased by 0.4 percent in November, the third straight rise in the total, the Associated General Contractors of America (AGC) noted in an analysis of new Census Bureau data. Private residential and public construction each gained 0.7 percent compared with October’s totals, while private nonresidential construction edged down 0.1 percent. “It is heartening to see three increases in a row for the total,” said Ken Simonson, the association’s chief economist, in a written statement about the analysis. “But most categories showed more of a seesaw pattern over the past three months, indicating that construction spending remains fragile at best.”

January 10, 2011

AGC: Construction spending up, but industry still ‘fragile’

Construction spending increased by 0.4 percent in November, the third straight rise in the total, the Associated General Contractors of America (AGC) noted in an analysis of new Census Bureau data. Private residential and public construction each gained 0.7 percent compared with October’s totals, while private nonresidential construction edged down 0.1 percent. “It is heartening […]

January 10, 2011

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