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Home » Nonresidential Construction Spending Declines In March As Pandemic Halts Projects; Group Warns Loan Threats Are Hurting Relief Program
Economics

Nonresidential Construction Spending Declines In March As Pandemic Halts Projects; Group Warns Loan Threats Are Hurting Relief Program

Treasury Department’s Recent Changes to Paycheck Protection Program Loan Guidance Are Making It Even Harder for Firms to Maintain Jobs Amid Declining Private-Sector Demand for Construction
May 1, 2020Updated:November 22, 2023No Comments1 Min Read
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Treasury Department’s Recent Changes to Paycheck Protection Program Loan Guidance Are Making It Even Harder for Firms to Maintain Jobs Amid Declining Private-Sector Demand for Construction
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Numerous impediments to completing construction projects led to declines in most categories of private construction spending in March, according to an analysis by the Associated General Contractors of America of government data released today. Association officials warn that the Treasury Department’s threats to audit or prosecute some Paycheck Protection Program...

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Latest News

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May 9, 2025

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