Construction Spending Rises 0.2 Percent In August As Residential Gains Outweigh Decreases Among Nonresidential Segments

Construction spending increased 0.2 percent from July to August as a pickup in multifamily residential building outweighed mixed results for private nonresidential categories, according to an analysis of a new government report that the Associated General Contractors of America released today. Association officials noted that the data, which was delayed...