ABC says recession could be around the corner

Financial

istock.com/lamontak590623 WASHINGTON — National nonresidential construction spending was down 0.8% in March, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $839.2 billion for the month. Spending was down on a monthly basis in 11 of 16 nonresidential subcategories….

Thanks for reading The LBM Daily.
Join LBM Daily Premium or log in to continue reading.
Login Join Now

Articles You May Like

Lowes Stock Is On The Rise After Earnings, Despite Housing Market Dip
Commentary: Late Wildfire Season Points to Need for Better Forest Management
The Fed has done long-term damage to the appeal of real estate as a financial asset, says the strategy chief at JPMorgan’s asset management arm. He explains how this could also tip the economy closer to recession.
Sri Lanka university aims to be the country’s first to go carbon neutral
Stock market live news updates: Stocks open mixed on holiday-shortened trading day