U.S. Private Nonresidential New Construction

Construction business cycle decline will likely persist in at least the coming quarters.

Nonres
  • U.S. Private Nonresidential Construction totaled $120 billion for May, June and July, coming in 3.3% below the same three months one year ago.
  • Decline in multiple architecture billings indexes and in the Construction Backlog Indicator suggest Construction business cycle decline will persist in at least the coming quarters.

Nonres

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