Nonresidential Construction Outlays Drop In April To Two-Year Low As Public And Private Work Declines Amid Supply-chain Woes, Soaring Costs

Construction Officials Say New Infrastructure Funding, Tariff Relief and Measures to Reduce Manufacturing and Delivery Delays for Key Materials Needed to Jump Start Nonresidential Activity Nonresidential construction spending in April declined for the fifth-straight month to a two-year low as demand waned for numerous public and private project categories in...