Nonresidential Construction Market Update 2022 – Impact of higher financing and project delivery costs
Job Order Contracting
OCTOBER 6, 2022
Other sectors down include – Commercial, Healthcare, Education, Office, Manufacturing, and Power. Rising costs of financing and delivering construction services put brakes on nonresidential construction. Nonresidential construction DOWN decreased 0.4% Largest declines in Highway/street, Water supply and Public Safety.
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