The Mid-Atlantic Real Estate Journal published a version of the Marcum Commercial Construction Index for the 2nd quarter.
Mid-Atlantic Real Estate Journal
By Anirban Basu, Chief Construction Economist
According to Census Bureau data, nonresidential construction spending expanded 4.2 percent from over a recent 12-month period. That isn’t nearly what one might expect given the general performance of the U.S. economy. Many factors have served to constrain construction spending growth…