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Home ยป Drop In Nonresidential Construction Offsets Most Residential Spending Gains As Growing Number Of Contractors Report Cancelled Projects
Economics

Drop In Nonresidential Construction Offsets Most Residential Spending Gains As Growing Number Of Contractors Report Cancelled Projects

Association Officials Warn that Demand for Nonresidential Construction Will Slide Further without New Federal Relief Measures, Citing New Data Showing Most Contractors Had Projects Delayed or Cancelled
November 2, 2020Updated:December 7, 2023No Comments2 Mins Read
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Drop In Nonresidential Construction Offsets Most Residential Spending Gains As Growing Number Of Contractors Report Cancelled Projects
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A small increase in total construction spending in September masked a widening gap between declines in most nonresidential segments and robust gains in residential construction, according to an analysis by the Associated General Contractors of America of government data released today. Association officials warned nonresidential construction is headed for an...

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Latest News

Construction Spending Decreases By 0.3 Percent From April To May And 3.5 Percent Over 12 Months, Marking Largest Yearly Drop Since 2019

July 1, 2025

Only Half Of Metro Areas Add Construction Jobs From May 2024 To May 2025, As Owners Pause Or Cancel Work Amid Tariff And Policy Uncertainty

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