On the other hand,
nonresidential construction increased slightly by 0.4 percent for the month, with the increase mostly attributed to a rise in spending on health care, schools, and power plants.
Not exact matches
Meanwhile
nonresidential construction spending declined 0.4 % after two consecutive monthly
increases.
Private
nonresidential construction spending
increased 2.1 % to a seasonally adjusted annual rate of $ 432 billion.
According to American Institute of Architects, despite labor shortages and rising material costs that continue to impact the
construction sector,
construction spending for
nonresidential buildings in the U.S. is projected to
increase 4 % this year and continue at that pace of growth through 2019.
Private
nonresidential construction spending
increased 0.5 % to a rate of $ 434 billion.