U.S. construction spending hits highest level since 2009

Construction spending rose 0.6 percent in July due to strong gains from the housing and nonresidential sectors. Residential spending will remain strong, but private nonresidential spending will be very uneven and public construction spending remains threatened. It was the strongest month for construction spending since 2009, with total construction activity increasing to a seasonally adjusted annual rate of $900.8 billion, according to the Commerce Department. Read the American City Business Journals/Kansas City, Mo. story here.

Industry News

Vendor News

Norco Constr. promotes Erik Rappel to COO

General contractor, construction manager and design/builder Norco Construction promoted Erik Rappel to Chief Operating Officer. He most recently served as Norco’s Vice President of Operations, after originally joining the firm in 2017

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Vendor New Products

BITEC Expands Imperflex Line with New Base Sheet

BITEC, Inc. will be introducing its Imperflex® SA2 two-square self-adhered base sheet at the International Roofing Expo (IRE) in February, in response to contractor requests for a two-square option for installing BITEC’s popular Imperflex self-adhered

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