Construction Spending Dips 0.1 Percent In January
Post date
March 03, 2023
Body
AGC, The Construction Association
Total construction spending decreased by 0.1 percent in January, as declines in single-family homebuilding and public construction offset marginal gains from private nonresidential construction, according to an analysis by the Associated General Contractors of America today of new federal data. Association officials said a lack of clear guidance from officials in Washington is delaying expenditures on much-needed infrastructure and energy projects.