Nonresidential building construction drops 1.6% % in September
November 03, 2009 - Jim Haughey
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Jobsite spending on nonresidential building construction fell 1.6% in September. The decline is not balanced. Spending for commercial buildings has fallen 34%% since the peak in early 2008. Most of the deep decline in this market is now over. Spending for institutional buildings has dropped 3%% since the peak earlier this year.