Posted 5/1/14 to Reed Construction Data’s site. Here’s one of them:
Perhaps most troubling was that nonresidential building construction spending has fallen for five consecutive months. March nonresidential spending was $298.8 billion, 1.0% lower than in February.
Worse, January and February spending were revised down by $3.3 billion and $6.4 billion, respectively—1.1% and 2.1% of their respective previously reported number.
Nonetheless, on a year-to-date NSA basis, spending was 3.5% higher than the same period a year ago
Bernie Markstein’s “nuggets” are always worth reading. It’s like skimming (some of) the economic headlines . . . wearing a pair of construction-focused glasses!
Source: http://electricalcontractor.com/?p=13975
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