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2015 GDP Was 4% Construction


Associated Builders and Contractors (ABC) report that investment in hotel, office, manufacturing, and multifamily construction is what contributed to the growth of the construction industry in 2015, and it’s nearly 4% contribution to U.S. GDP last year. Non-direct earnings related to construction, such as furnishings, heavy equipment, and construction worker consumer spending, added another 2% - 3% to the economy last year. Read more...