WASHINGTON, Feb. 1 (UPI) — Construction spending for December rose 1.5 percent above November, but fell 2 percent in 2011 compared to 2010, the U.S. Census Bureau reported Wednesday.
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Construction spending in the U.S. rose in December at the fastest pace in four months, reflecting broad- based gains that signal the industry is stabilizing.
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Construction contractors and equipment distributors are optimistic local non-residential activity will improve in 2012, according to a recent survey by Wells Fargo Equipment Finance Inc., part of Wells Fargo & Company .
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Construction spending in the U.S. rose in December at the fastest pace in four months, reflecting broad- based gains that signal the industry is stabilizing.
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Construction equipment dealers are looking forward to improving trends in 2012 while acknowledging the challenges facing the industry, according to survey results released today by
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Builders likely increased their spending on construction projects in December for the fifth time in the past six months.
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A construction management official says structural connections in unrestricted areas at the Cincinnati casino where a collapse injured more than a dozen workers have been checked thoroughly.
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A construction management official says a review of structural connections at the Cincinnati casino where a collapse injured more than a dozen workers found no bolts missing.
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The Commerce Department's numbers are still far short of economists' measure of health
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December Construction Spending Rose More Than Expected; USD Extends Loss
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