Residential, Commercial Construction Spending Increase in July (By Sharon O'Malley)

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Spending on construction projects jumped 1.8% in July, the largest amount in a single month for more than two years, the Commerce Department reported Tuesday.  The hike came after a 0.9% decline in spending in June, which was the steepest drop in a year. The culprit was a rainy spring that slowed construction in some regions, the report said.  Despite that temporary setback, construction spending has climbed by 8.2% over the past year. Spending was up in all construction categories, including housing, government, and commercial.
From: www.constructiondive.com
    Trenton H. Cotney
    Florida Bar Certified Construction Lawyer
    Trent Cotney, P.A.
    1211 N Franklin St
    Tampa, FL 33602

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