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Month: December 2024

Nonresidential construction spending drops 0.4% in October – largest decline since December 2021

Florida Construction News staff writer National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors analysis of data published recently by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.228 trillion. Spending was down on a monthly basis in 11... Continue reading