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Home / Inside Tract / Construction spending rebounds in October with growth in most public and private nonresidential types offsetting decline in residential work  (access required)

Construction spending rebounds in October with growth in most public and private nonresidential types offsetting decline in residential work  (access required)

Total construction spending edged higher in October, as gains in public and private project types outmatched decreases in single- and multifamily residential outlays, according to a new analysis of federal construction spending data the Associated General Contractors of America released today. Officials noted that public sector investments would likely rise in the near future because of the recently-passed infrastructure bill, ...

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