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2015 GDP Was 4% Construction


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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...