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Home ยป Construction Spending Rises 0.4 Percent in October as Residential Gains Outweigh Decreases Among Public and Private Nonresidential Segments
Economics

Construction Spending Rises 0.4 Percent in October as Residential Gains Outweigh Decreases Among Public and Private Nonresidential Segments

Construction Spending Climbs to $2.174 Trillion Seasonally Adjusted Annual Rate as Federal Projects Get Mired in Red Tape and Private Sector Demand for Certain Types of Projects Slows or Shrinks
December 2, 2024Updated:January 27, 2025No Comments1 Min Read
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Construction spending increased 0.4 percent from September to October as a pickup in single- and multifamily residential building outweighed declines in public outlays and 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...

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Latest News

Permitting Reform Continues: Transportation and Energy Among Agencies To Announce Streamlined Procedures for Environmental Review

July 14, 2025

STP Is Now Live on AGC EDGE!

July 11, 2025

Regional AASHTO-AGC-ARTBA Joint Committee Meetings Kick-Off

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