Nonresidential Construction Outlays Drop In March For Fourth-Straight Month As Weak Demand, Supply-chain Woes Make Further Declines Likely

Construction Officials Say New Infrastructure Investments, Tariff Relief for Key Construction Materials are Needed to Help Contractors Cope with Continued Economic Impacts of the Pandemic Nonresidential construction spending fell to a two-year low in March as contractors struggled with slumping demand for most project types and growing shortages of materials, transport,...