PUYALLUP, Wash. – May 18, 2023 – San Francisco-based real estate investment firm Hamilton Zanze is pleased to announce the...Read
Construction Activity on the Rise in U.S.
Construction activity in the U.S. is on the rise as measured by McGraw-Hill Construction’s Dodge Momentum Index, which rose for the third consecutive month in June. The index measures nonresidential projects in the planning stages and is up 22.6% year-over-year.
The Associated General Contractors of America also reported private residential construction spending rose 7.5% year-over-year and private nonresidential construction spending was up 11% year-over-year as of May.
The increase in private residential construction spending represented an 11% year-over-year rise in single-family spending and 31% year-over-year increase in multifamily spending.
Read more at GlobeSt.com.