March construction spending rises 0.2 pct

US COnstructionReleased On 5/1/2014 – Construction spending in February edged up 0.1 percent, following a decline of 0.2 percent the month before. Strength was in private nonresidential outlays which rebounded 1.2 percent after a 1.0 decrease in January. Private residential outlays decreased 0.8 percent in February, following a 1.3 percent boost in January. Public outlays nudged up 0.1 percent, following a drop of 1.3 percent in January. On a year-ago basis, total outlays were up 8.7 percent after a 9.4 percent boost the prior month.

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Allen & Shariff provides Engineering, Construction, and Project Management services to clients worldwide. Allen & Shariff services include MEP DesignCommissioningGeneral ContractingProject ManagementGreen & Energy Consulting, and Project Financing. Allen & Shariff was founded in 1993 as an engineering consulting firm based in Columbia, MD. The company has evolved into a multi-discipline professional service provider worldwide. The skills of our people, our proven sub-consultants, and our commitment to quality service and client satisfaction make the Allen & Shariff team a valued and trusted partner.

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