Washington, D.C.—“Total construction spending rose a tad in March following a big upward revision for February, as single-family homebuilding finally held steady and nonresidential construction boomed again,” Ken Simonson, Chief Economist for The Associated General Contractors of America (ƽ), said today. Simonson was commenting on the April 30 construction spending report from the Census Bureau.
“Total construction spending rose 0.2 percent in March, seasonally