ARTICLES

Private nonresidential construction ends lower

Last year ended on a down note for private nonresidential construction spending with December coming in 0.4 percent lower than November, according to the Feb. 2 report by the U.S. Census Bureau. Despite the decline, private nonresidential construction spending finished up 8.9 percent for the year. Total nonresidential construction spending is $726.8 billion, down 0.6 percent on a monthly basis and up 8.1 percent from last December.

Read More