Top
image credit: Freepik

Construction spending inches higher

December 1, 2023

Mixed activity levels within categories suggest the construction market is shifting, but still remains strong overall, according to a separate analysis of spending trends from the Associated General Contractors of America.

Spending on manufacturing plants, the largest nonresidential segment, jumped 0.9% in October, according to AGC. Meanwhile, highway and street spending, the second largest nonresidential segment, ticked down 0.4% in October, according to the report.

Read More on Construction Dive