WASHINGTON (December 1, 2020)—National nonresidential construction spending was virtually unchanged in October, according to an Associated Builders and Contractors analysis of data published by the United States Census Bureau. On a seasonally adjusted, annualized basis, spending totaled $792.4 billion for the month.
WASHINGTON (December 1, 2020)—The construction industry’s fortunes continued to diverge in October, as residential construction expanded again while nonresidential construction remained largely unchanged from a month ago and is down compared to last year, according to an analysis of new federal construction spending data by the Associated General Contractors of America.
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WASHINGTON (Nov. 18, 2020)—While architectural billings failed to show much progress during October, signs of improving business conditions at firms have emerged, according to a new report from the American Institute of Architects (AIA).