Construction Spending Slips In February As Shrinking Demand, Soaring Costs, And Supply Delays Threaten Project Completion Dates And Finances

Both Nonresidential and Residential Spending Retreat from January Levels amid Extreme Winter Weather; Association Posts Inflation Alert to Aid Understanding of Squeeze on Nonresidential Construction Firms Construction spending slumped in February as unseasonably severe weather hammered the industry and a decline in new projects squeezed nonresidential contractors experiencing rising costs and...