We started the year looking for two key construction spending stories: a likely bottom for residential construction spending, and the collapse in private non-residential construction. It appears residential construction spending may have bottomed, although any growth in spending will probably be sl ... Read more

We started the year looking for two key construction spending stories: a likely bottom for residential construction spending, and the collapse in private non-residential construction. This report shows further evidence of both stories. Click on graph for larger image in new window. The ... Read more

Click on graph for larger image in new window. The first graph shows private residential and nonresidential construction spending since 1993. Note: nominal dollars, not inflation adjusted. Residential construction spending is still declining, and now nonresidential spending has peaked ... Re ... Read more