More Articles for Associated Builders and Contractors Chief Economist Anirban Basu

Residential construction positioned for expansion, nonresidential will ‘limp along’

Tina Grady Barbaccia - Mar 04, 2013

Residential construction positioned for expansion, nonresidential will ‘limp along’

The Associated Builders and Contractors (ABC) reports that nonresidential construction spending fell 3.3 percent in January, with outlays decreasing to a seasonally adjusted annual rate of $572.1 billion, citing a March 1 report by the U.S. Census Bureau. Year over year, ...

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'Unexpected good news:' Nonresidential construction spending up 1.6 percent

Tina Grady Barbaccia - Oct 03, 2011

An Oct. 3 report by the U.S. Census Bureau shows that nonresidential construction spending, which includes both privately and publicly financed construction, was $553.1 billion in August, up 1.6 percent for the month and 0.1 percent higher from one year ...

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