A reading above 50 signals expansion in construction activity.
The increase in construction activity was driven by broad based improvements in all the sub-categories. Residential construction expanded the most, though the rate of expansion moderated slightly to a three-month low.
Civil engineering activity rose at the fastest pace since March and commercial construction activity continued to increase at a rate that was close to its fastest pace since the summer of 2007.
New work grew strongly in August, marking the sixteenth consecutive month of rise.
Employment levels also continued to increase, though at a slightly slower rate, after the record-high rate in July.
Meanwhile, input costs increased sharply and the rate of increase was fastest since
Hispanic #1 Breaking News for Entrepreneurs, Professionals and Small Business Owners - HispanicBusiness.com
OCTOBER 31, 2014
|Customer Service||Policy||Advertise||Site Tools|
|HispanicBusiness Services||Editorial Guidelines||Ad Specifications||Magazine Archive|
|List Rental Agreement||About Us||Media Kits||Post Your Event|
|HireDiversity Job Search||Editorial Calendar||Research|
© 2014 HispanicBusiness Inc. All Rights Reserved.