Aegis Blog

Construction industry reaches five-year high

Construction industry reaches five-year high

After years of recession-related downturn, construction in the United States is looking healthier than it has in a long while.Spending on projects reached its highest level in nearly five years in November, following a strong performance in both the residential and non-residential sectors. The latter, which includes factories and gas pipelines, saw an 11 month peak, while the former has found a level that it hasn't seen since June 2008.While public outlay actually dropped, as federal, state and local projects declined, gains in the private sector were more than ...

 

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