Steel Markets
December 4, 2019
Construction Put in Place Data for October
Written by Peter Wright
State and locally funded construction is relatively healthy, but privately funded work is in decline, according to Steel Market Update’s latest analysis of Commerce Department data.
Construction Put in Place (CPIP) expenditures data for October was released on Dec. 2. Through October, total construction had negative momentum every month since October last year. In the period July through October, total construction declined each month on a year-over-year basis for the first time since November 2011.
