Bankers provide insight on trends to watch in the construction industry

<Recent reports show good news in the construction industry — spending was up across most nonresidential categories in April, even in the face of recession fears.

Spending on nonresidential construction totaled $1.05 trillion in April on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau on June 1. That’s up 1.9% from March and up 25.3% from April 2022.

“Manufacturing-related construction spending growth…

Commerce Bank

2023-09-08 13:26:42

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