Industry Update: U.S. Construction Spending Up 0.6% in September

Construction spending during September 2015 rose 0.6% to a┬áseasonally adjusted annual rate of $1.09 trillion. Earlier this week, the U.S. Department of Commerce reported that construction spending increased to a seasonally adjusted annual rate of $1.09 trillion, which is a … Continue reading

August Marks Increase in Private Residential Spending

While the signs of a market slowdown for new residential construction have begun to surface, the construction spending numbers for August were still high enough to offset the effects of the slowdown. According to the Federal Savings Bank, Americans increased … Continue reading