Monthly construction spending declines, but 2014 still looks to beat 2013
January 2, 2015
Construction spending declined in November, but 2014 is still on track to beat 2013’s expenditures, according to an analysis by the Associated General Contractors of America.
“Today’s figures continue the seesaw pattern that has characterized residential, private nonresidential and public construction throughout 2014,” said Ken Simonson, the association’s chief economist. “Overall construction spending dipped in November from an upwardly revised October total as residential building advanced but private and public nonresidential spending both retreated.”
For more information, visit the following link.
In any economic climate, incorporating energy-efficient designs in your projects can 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.