After three years from 2022 to 2024 of significant increases in construction spending as a result of the Chips and Science Act, it has been downhill for new construction spending. … READ MORE >
construction spending
Tariffs weigh on manufacturing and construction
The impact of tariffs on manufacturing activity was in full force in May, according to business executives surveyed by the Institute for Supply Management, as falling demand and rising prices occurred simultaneously. … READ MORE >
CHART OF THE DAY: Residential construction spending remains robust
Residential spending has been rising since February 2019, increasing by nearly 18% on a year-over-year basis in November. … READ MORE >