U.S. nonresidential construction spending is predicted to rise by 2.1 percent in 2012 and by 6.4 percent in 2013, according to the American Institute of Architects’ semi-annual Consensus Construction Forecast, a survey of the nation’s …
Tag Archives: Business
Report: Maryland’s construction spending topped $3.2B in ’10 – The Business Journal
Maryland ranked eighth in the U.S. in office construction spending in 2010, according to a recent study released by the NAIOP Research Foundation. More than $ 3.2 billion was invested during that year, the most recent time period in which data is …
Construction spending hit 17-month high in November – The Business Journal
Construction spending nationally totaled $ 807 billion in November, the highest level since June 2010, the Associated General Contractors Associated General Contractors Latest from The Business Journals Construction employment up in December …
Honolulu rail board approves $2.79B spending plan – The Business Journal
Honolulu’s rail transit board has approved a six-year, $ 2.79 billion construction spending plan for the city’s elevated rail project. The Honolulu Star-Advertiser reports the Honolulu Authority for Rapid Transportation on Thursday approved the …
Builders predict slow growth in 2012 construction – Charleston Regional Business Journal
Nonresidential construction spending is expected to grow 2.4% in 2012 following a 2.4% decrease in 2011. Basu said the pace of recovery in the nation’s nonresidential construction industry remains soft and 2012 is positioned to be a year of slow gain.
What is Driving Construction Spending? – International Business Times
Total construction spending has contributed to real Gross Domestic Product (GDP) over the past two quarters and is expected to add to economic growth through 2013. Construction spending rose 0.8 percent in October and has increased at a 3.5 …
Construction Spending May Take Four Years To Recover – Investors Business Daily
U.S. builders spent more in October on homes, offices and shopping centers, pushing construction spending up a third straight month. But it remained depressed. Spending rose 0.8% in October to a n annual rate of $ 798.5 billion, the Commerce Department said …
Group projects construction spending growth – Des Moines Business Record
Associated Builders and Contractors (ABC) projects nonresidential construction spending to grow 2.4 percent in 2012 following an anticipated 2.4 percent decrease in 2011, according to its 2012 economic forecast released today. The Construction Backlog …
Sluggish construction growth in 2012, report says – The Business Journal
ABC has no data regarding construction spending in Texas, Fritz said. He said Texas construction employment stood at 42,200 in September, on a nonseasonally adjusted basis. Year-over-year, the Austin metropolitan area’s construction industry …
Non-residential construction spending expected to grow 2.4 percent – The Business Journal
Washington, D.C.-based Associated Builders and Contractors expects non-residential construction spending to grow 2.4 percent in 2012, following a 2.4 percent decrease in 2011. “The pace of recovery in the nation’s non-residential …