By Eric Jay Toll for Arizona Builder’s Exchange
Arizona scored double-digit increases in construction spending in January 2014 over the previous year. Nationally, April construction volume was up 8.6 percent compared to the previous year. January is the latest data available for Arizona. The U.S. Census Bureau data is generated more quickly.
When compared to December 2013 (Arizona) and March (U.S.), the data are less optimistic. Arizona sales were down $8M in April and U.S. volume gained about 0.2 percent in for the month.