Nonresidential And Multifamily Construction Spending Slump In March As Supply-Chain Woes, Labor Shortages Stymie Strong Project Demand

Spending on most categories of nonresidential and multifamily construction declined from February to March as contractors struggled to find enough workers and get timely deliveries of materials, according to an analysis the Associated General Contractors of America released today regarding federal spending data. Association leaders urged Washington officials to end...