CONSTRUCTION SPENDING HOLDS STEADY IN AUGUST AND IS UP BY NEARLY 5 PERCENT FOR THE FIRST EIGHT MONTHS OF THE YEAR AS DEMAND REMAINS “ROBUST”

Construction spending held steady in August compared to July but is up nearly five percent for the first eight months of the year compared to same period in 2015, according to an analysis by the Associated General Contractors of America. Association officials said the new spending figures indicates that the industry’s recovery may be at…