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U.S. Census Bureau Data Analysis Shows an Increase in Nonresidential Construction Spending in April

June 4, 2019 | Comments Off on U.S. Census Bureau Data Analysis Shows an Increase in Nonresidential Construction Spending in April

Associated Builders and Contractors has analyzed U.S. Census Bureau data. According to the analysis the nonresidential construction spending has increased by 0.3% in April with a total of $792.6 billion. The public nonresidential spending rose by 4.8% on a monthly basis and increased 15.4% since April 2018. Among the 16 nonresidential construction spending categories, the following has experienced largest increase: water supply (9.8%), highway and street (6.8%) and transportation (3.9%).

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