The latest batch of economic reports didn't offer encouragement for the short-term prospects of the commercial or industrial markets, unlike the still-thriving housing market.
Construction spending dropped by 0.4 percent in August, led by cutbacks in private builders' projects including offices, industrial complexes and hotels. Spending on all construction projects around the country fell to a seasonally adjusted annual rate of $829.8 billion in August. The decline reported by the Com
All access premium subscription
Only Electrical Marketing newsletter subscribers have access to premium content.
Being a subscriber to the Electrical Marketing newsletter allows you exclusive access to high value content including key economic indicators measuring the health of the market and access to the Electrical Price Index and other important industry insights.
Sign up for the Electrical Marketing newsletter to get access.