WASHINGTON (Sept. 1, 2021) — National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors (ABC) analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $786.7 billion for the month.

NEW ORLEANS (Sept. 1, 2021) — Hurricane Ida has been downgraded to a tropical depression but not before leaving more than a million people, and the entirety of New Orleans, without power and causing massive damage to structures, homes and roads in Louisiana. Ida has been ranked as the fifth-largest hurricane to make landfall in the United States, with winds reaching speeds of 150 mph or more.