Quick Facts and Figures, Construction Spending



Construction spending dropped 1.1 percent in February, following a 0.8 percent drop a month earlier, marking the largest decline in seven months, the Commerce Department said. Private construction spending was unchanged, while homebuilding spending gained 1.2 percent. Construction spending can boost demand for trucking services because spending increases the number of shipments of goods and building materials.


This article originally ran in NATSO News Weekly (NNW). NNW, NATSO's electronic newsletter, is packed with the latest updates on government and business issues affecting the truckstop and travel plaza industry. Every Monday it is emailed to NATSO members only. 

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