News and information for the worldwide dredging industry

Bookmark and Share Email this page Email Print this page Print

Construction Spending at a Three Year High

Construction spending in September climbed to a nearly three-year high at an annualized rate of $852 billion, as increased spending on houses, apartments and private nonresidential projects outweighed a continuing downturn in public construction, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials said they expect both the public and private trends to continue despite the disruption caused by Hurricane Sandy.

Add your comment:
Edit Module