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Associated Builders and Contractors’ Analysis Shows a Decrease in National Nonresidential …

May 2, 2019 | Comments Off on Associated Builders and Contractors’ Analysis Shows a Decrease in National Nonresidential …

The Associated Builders and Contractors has analyzed U.S. Census Bureau data. According to the analysis the spending on national nonresidential construction was declined by 0.3% in March 2019. The private nonresidential construction was increased by 0.5% in March and up 2.1% on a year-over-year basis whereas the public nonresidential spending fell 1.3% but is up 9% for the year. The seasonally adjusted, annualized basis nonresidential spending totaled $775.2 billion for the month.

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