Nonresidential construction spending falls in April, says ABC

The Associated Builders and Contractors recently announced that, through an analysis of Census Bureau data, it found that nonresidential construction spending fell in 13 out of 16 segments during the month of April. The decline in spending slowed by 1. 7 percent &#8212 approximately 693 billion &#8212 on a seasonally adjusted, annualized basis.