Construction + Economy

Nonresidential Construction Spending Up 4.2% in Q218

In its latest Commercial Construction Index report, accounting and advisory firm Marcum said nonresidential spending growth was lower than expected in the second quarter of 2018, increasing just 4.2% from the second quarter of 2017.

Even though that rise is still indicative of a healthy economy — with the lowest level of construction unemployment in the last 20 years and a tech construction boom courtesy of companies like Amazon and Google — there are “noisy” conditions that could create powerful challenges for construction companies.

Click here to read the report.

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Craig DiLouie

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