According to the Chicago Tribune, the Commerce Department reported that in the month of July construction spending grew over 0.6 percent , rising to the highest level in 4 years. Construction spending increased to an adjusted annual rate of $915 billion, with an increase of 7.1 percent above the previous August, which was led by private […]
Category: construction spending
college construction, construction finance, construction lien, construction spending, economy, mechanics lien
College Construction Spending in Accordance to the Rise and Fall of the Economy
According to the The Chronicle of Higher Education, research presented at the Association for the Study of Higher Education has shown that state expenditures on college construction for higher-education does not coincide with the rise or fall of the economy. The study has also shown that college construction spending tended to rise in the best and worst […]
commerce department construction spending report, construction spending, united states construction spending increases
March Construction Spending Shows Gains: Another Boost for the Economy
After two months of declining spending, builders finally began to increase spending on construction projects. The Commerce Department released its monthly report and found that construction spending ticked up 0.1% in March. March’s gain resulted in construction spending at a seasonally adjusted annual rate of $808.1 billion. Last March, construction spending hit a 12 year low of $762.6 billion, resulting […]