Simonson: Construction Spending Likely to be "Spotty"
Total construction spending in April rose for the third straight month, with gains in some sectors offset by declines in others, according to a report released by the Associated General Contractors of America based on Census Bureau data. "Residential, private nonresidential and public construction spending all have areas of strength but also pockets of weakness," said Ken Simonson, chief economist of AGC. "While the overall trend remains more positive than last year, growth is likely to be spotty for the foreseeable future."
Trenton H. Cotney
Florida Bar Certified Construction Lawyer
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