Contractors Chief News Today

ABC Chief Economist Anirban Basu maintains that the U.S. economy will enter mild recession within next year. Heres what that means for construction.

Weak March US Construction Spending Rebound Masks Nonresidential Construction’s Struggles Spending on residential construction continues to carry buckets of private and public nonresidential red ink, while the industry yearns for stimulus spending and infrastructure plans to revive commercial construction May 3, 2021 data: US Department of Commerce; graph: ForConstructionPros.com The value of U.S. construction put in place in March eked out 0.2% growth after falling 0.6% in February. Commerc...