Total Construction Spending Up 0.4 Percent to $812 Billion in August

Total construction spending edged up 0.4 percent between July and August to $812 billion, driven by increases in public construction activity including stimulus and base realignment projects, according to an analysis of new Census Bureau data released today by AGC. Association officials cautioned, however, that private residential and nonresidential spending both continued to shrink as private-sector demand for construction remains extremely weak. Read press release here. The news was covered by the Denver Post and the Oakland Press, among others.