Private Nonresidential Building Trends Improve

Posted on 03.07.12

Source: Stats
March, 2 2012

We wanted to alert our readers of a recent and interesting post on on the nonresidential construction sector. The analysis is performed by Sageworks, Inc., a financial information company, which we have access to at Keiter. If you would like to have an industry report run on your business, please contact your Keiter team for details.

“Weaker construction of hotels, manufacturing facilities and health care facilities in the private sector left January construction spending flat with December, the U.S. Census Bureau reported Thursday. Nevertheless, nonresidential construction companies have been a major contributor to the overall industry growth in the last year or so, according to an analysis of private-company financial statements by Sageworks Inc., a financial information company.”

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The information contained within this article is provided for informational purposes only and is current as of the date published. Online readers are advised not to act upon this information without seeking the service of a professional accountant, as this article is not a substitute for obtaining accounting, tax, or financial advice from a professional accountant.

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