THIS QUARTER

In the second quarter of 2018, total construction spending decreased 0.8% nationally in the fourth quarter of 2017 year-over-year (y-o-y), reaching $1,029.0 billion (real terms, annual rate). On a regional level, the South Atlantic region had the strongest spending growth, increasing 2.4% y-o-y in the fourth quarter. Three additional regions posted volume increases in the fourth quarter as well. The Pacific region volume grew 1.2% y-o-y, the West South Central region surged 1.0% y-o-y, and the Mountain region increased 0.2% y-o-y. Declining regions included the East South
Central region (-0.9%) and the West North Central region (-8.1%). READ MORE

BILL RODGERS | MANAGING PRINCIPAL + SENIOR ECONOMIST | brodgers@ccorpusa.com