Tag: tariffs
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Construction spending slips as costs rise ahead of tariffs
Dive Brief: Nonresidential construction spending ticked down 0.2% in December to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Monday. Spending declined in nine of the 16 nonresidential subcategories on a monthly basis. Public nonresidential spending fell 0.5%, while private nonresidential…
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Trump takes action around energy, immigration, tariffs
Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. President Donald Trump signed a series of executive orders on his first day in office Monday, many of them with repercussions for the construction industry. The actions embody a shift in federal priorities around critical issues like…