Construction Spending Returns to 2008 levels, AGC Analysis Says
February 2, 2015
At the end of 2014, construction spending reached $982 billion, its highest level since 2008, according to an analysis of Census Bureau data by the Associated General Contractors of America (AGC).
All major sectors — public, private nonresidential and residential — showed growth, according to Ken Simonson, the association’s chief economist.
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