Construction Spending Up In March

May 2, 2016

Construction spending in March was up slightly over February — and up 8 percent from a year earlier — to reach its highest level since October 2007, according to an analysis by the Associated General Contractors of America (AGC).

Total construction is $1.138 trillion at a seasonally adjusted annual rate, the analysis said.

“Construction should be a significant contributor to economic growth in the remainder of 2016 and beyond,” said Ken Simonson, the association’s chief economist.

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As construction spending grows, so do opportunities to incorporate energy-efficient designs in your projects — and to earn the Section 179D deduction (up to $1.80 per square foot). As the country’s leading specialist in this deduction, Concord has the experience, knowledge and capacity to handle any project, at every step of the way. Contact us at 888-897-5445 or via the following link, and find out what Concord can do.

Projected Benefit Calculator

To generate a projected benefit of the Section 179D federal tax deduction for your project, please use the benefit projection tool found below:

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