Steel Markets
May 1, 2014
AGC: Construction Spending Edges Higher in March
Written by Sandy Williams
From the Associated General Contractors of America (AGC):
Total construction spending remained in a holding pattern in March as strong gains in apartment construction and modest growth in home building and private nonresidential activity offset falling public outlays, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC). Association officials noted that the construction spending figures may get dramatically worse unless public officials act urgently to maintain federal highway funding.
