NEW YORK (May 20, 2014) – The Marcum Commercial Construction Index reported that extreme winter weather conditions suppressed nonresidential construction activity in the first quarter of 2014, with spending declines in all three months of the period. The index predicts a return to expansion during the remainder of the year, however.
The Marcum Commercial Construction index is compiled by the Construction Services Practice of Marcum LLP, a national accounting and advisory firm.
