×

Uncategorized

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

Florida awards $2.1 million for military infrastructure projects

Florida Construction News staff writer An additional $2.1 million was announced this week for Florida’s military-supporting infrastructure, bringing the total investment through the Defense Reinvestment Grant Program to $6.3 million since 2019. The funds will support key projects aimed at enhancing military readiness, diversifying local economies, and upgrading infrastructure across... Continue reading