{"id":1004199648,"date":"2017-12-07T03:15:22","date_gmt":"2017-12-07T11:15:22","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004199648"},"modified":"2022-12-02T12:45:35","modified_gmt":"2022-12-02T20:45:35","slug":"private-cre-public-education-development-among-construction-spending-highlights","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/","title":{"rendered":"Private CRE, Public Education Development Among Construction Spending Highlights"},"content":{"rendered":"

By Gail Kalinoski<\/em><\/p>\n

\"Stephen<\/a>

Stephen Sandherr<\/p><\/div>\n

Aided by increases in private commercial real estate and public educational development, overall construction spending reached a record high in October, according to the Associated General Contractors of America. However, the Arlington, Va.-based association noted public-sector investments in infrastructure continued to lag behind earlier levels, according to an analysis of new government data.<\/p>\n

Association leaders said federal, state and local officials need to address the growing shortfall in transportation, water and wastewater infrastructure spending.\u00a0\u201cIt is essential to increase the nation\u2019s investment in roads and other transpiration facilities to keep the economy growing. And investment in safer highways, drinking water and wastewater systems are important for public safety and health,\u201d<\/em> Stephen Sandherr, the association\u2019s CEO, said in a prepared statement.<\/p>\n

Ken Simonson, AGC\u2019s chief economist, noted there was \u201chealthy growth this October in both public and private construction<\/a> spending, with an exceptionally strong surge in public education construction.\u201d\u00a0<\/em>But he added that for the first 10 months of the year, the combined public investment, specifically in infrastructure, \u201chas fallen short of the already inadequate amounts posted in the same period of 2016.\u201d<\/em><\/p>\n

\"Ken<\/a>

Ken Simonson<\/p><\/div>\n

Construction spending in October totaled more than $1.2 trillion at a seasonally adjusted annual rate, up 1.4 percent from September, the AGC reported. Public construction, led by a 10.9 percent increase in educational construction, rose 3.9 percent. Private non-residential spending was up 0.9 percent in October, while private residential spending increased 0.4 percent.<\/p>\n

Simonson noted that between January and October, public construction shrank 3.4 percent, including a 4.3 percent decrease in highway and street construction; 1.6 percent decrease in transportation spending; 15.9 percent decrease in sewage and waste disposal spending and 9.6 percent decrease in water supply construction. The only good news was school and university construction climbed 2.2 percent between January and October 2016 to 2017.<\/p>\n

Private Development Highlights<\/strong><\/h2>\n

Private construction provided a bright spot, on both year-to-date private residential and non-residential spending, the report noted.<\/p>\n

Private residential spending rose 11.2 percent with single-family construction up 9.0 percent; multifamily up 3.9 percent; and improvements to existing housing up 17.2 percent.<\/p>\n

The report found private non-residential construction spending up overall 1.5 percent, but within the category, commercial \u2013 including retail, warehouse and farm construction \u2013 soared 14.7 percent as warehouse construction boomed. The largest private non-residential category \u2013 power, which includes electric power, plus oil and gas field and pipeline construction \u2013 declined 2.5 percent year-to-date.<\/p>\n

Photos courtesy of the Associated General Contractors of America<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Private construction provided a bright spot, on both year-to-date private residential and non-residential spending, a report from the Associated General Contractors of America showed. However, the association raised concerns about declining infrastructure spending.<\/p>\n","protected":false},"author":1068,"featured_media":1004199692,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21782,21808,23891,21742],"tags":[34654,38535,38534],"class_list":["post-1004199648","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-development","category-featured","category-national","category-latest","tag-associated-general-contractors-of-america","tag-ken-simonson","tag-stephen-sandherr"],"acf":[],"yoast_head":"\nPrivate CRE, Public Education Development Among Construction Spending Highlights - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Private CRE, Public Education Development Among Construction Spending Highlights\" \/>\n<meta property=\"og:description\" content=\"Private construction provided a bright spot, on both year-to-date private residential and non-residential spending, a report from the Associated General Contractors of America showed. However, the association raised concerns about declining infrastructure spending.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2017-12-07T11:15:22+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-12-02T20:45:35+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"620\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Gail Kalinoski\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/\"},\"author\":{\"name\":\"Gail Kalinoski\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"headline\":\"Private CRE, Public Education Development Among Construction Spending Highlights\",\"datePublished\":\"2017-12-07T11:15:22+00:00\",\"dateModified\":\"2022-12-02T20:45:35+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/\"},\"wordCount\":414,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/12\\\/Stephen-Sandherr.jpg\",\"keywords\":[\"Associated General Contractors of America\",\"Ken Simonson\",\"Stephen Sandherr\"],\"articleSection\":[\"Development\",\"Featured\",\"National\",\"News\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/\",\"name\":\"Private CRE, Public Education Development Among Construction Spending Highlights - Commercial Property Executive\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/12\\\/Stephen-Sandherr.jpg\",\"datePublished\":\"2017-12-07T11:15:22+00:00\",\"dateModified\":\"2022-12-02T20:45:35+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#primaryimage\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/12\\\/Stephen-Sandherr.jpg\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2017\\\/12\\\/Stephen-Sandherr.jpg\",\"width\":800,\"height\":620,\"caption\":\"Stephen Sandherr\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/private-cre-public-education-development-among-construction-spending-highlights\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Private CRE, Public Education Development Among Construction Spending Highlights\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#website\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/\",\"name\":\"Commercial Property Executive\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/fc5b5df1393e5023d2417bd48c2fda57\",\"name\":\"Gail Kalinoski\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"contentUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2023\\\/04\\\/Gail-Kalinoski-headshot.jpeg?w=86\",\"caption\":\"Gail Kalinoski\"},\"description\":\"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/author\\\/gail-kalinoski\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Private CRE, Public Education Development Among Construction Spending Highlights - Commercial Property Executive","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/","og_locale":"en_US","og_type":"article","og_title":"Private CRE, Public Education Development Among Construction Spending Highlights","og_description":"Private construction provided a bright spot, on both year-to-date private residential and non-residential spending, a report from the Associated General Contractors of America showed. However, the association raised concerns about declining infrastructure spending.","og_url":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/","og_site_name":"Commercial Property Executive","article_publisher":"https:\/\/www.facebook.com\/CPExecutive","article_published_time":"2017-12-07T11:15:22+00:00","article_modified_time":"2022-12-02T20:45:35+00:00","og_image":[{"width":800,"height":620,"url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg","type":"image\/jpeg"}],"author":"Gail Kalinoski","twitter_card":"summary_large_image","twitter_creator":"@cpexecutive","twitter_site":"@cpexecutive","schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#article","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/"},"author":{"name":"Gail Kalinoski","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"headline":"Private CRE, Public Education Development Among Construction Spending Highlights","datePublished":"2017-12-07T11:15:22+00:00","dateModified":"2022-12-02T20:45:35+00:00","mainEntityOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/"},"wordCount":414,"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg","keywords":["Associated General Contractors of America","Ken Simonson","Stephen Sandherr"],"articleSection":["Development","Featured","National","News"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/","url":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/","name":"Private CRE, Public Education Development Among Construction Spending Highlights - Commercial Property Executive","isPartOf":{"@id":"https:\/\/www.commercialsearch.com\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#primaryimage"},"image":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#primaryimage"},"thumbnailUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg","datePublished":"2017-12-07T11:15:22+00:00","dateModified":"2022-12-02T20:45:35+00:00","author":{"@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57"},"breadcrumb":{"@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#primaryimage","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg","width":800,"height":620,"caption":"Stephen Sandherr"},{"@type":"BreadcrumbList","@id":"https:\/\/www.commercialsearch.com\/news\/private-cre-public-education-development-among-construction-spending-highlights\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.commercialsearch.com\/news\/"},{"@type":"ListItem","position":2,"name":"Private CRE, Public Education Development Among Construction Spending Highlights"}]},{"@type":"WebSite","@id":"https:\/\/www.commercialsearch.com\/news\/#website","url":"https:\/\/www.commercialsearch.com\/news\/","name":"Commercial Property Executive","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.commercialsearch.com\/news\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.commercialsearch.com\/news\/#\/schema\/person\/fc5b5df1393e5023d2417bd48c2fda57","name":"Gail Kalinoski","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","contentUrl":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2023\/04\/Gail-Kalinoski-headshot.jpeg?w=86","caption":"Gail Kalinoski"},"description":"Kalinoski has been a contributing writer to Commercial Property Executive and Multi-Housing News since 2010 and previously wrote for three years for Commercial Property News. Gail has been a freelance writer and editor for more than 20 years, contributing to daily websites, magazines, weekly business newspapers, market intelligence newsletters, research reports, monthly B-to-B and consumer magazines. Earlier in her career, Gail worked for Gannett Corp. as an editor and reporter for 15 years. Gail has a bachelor\u2019s degree in journalism from Pace University.","url":"https:\/\/www.commercialsearch.com\/news\/author\/gail-kalinoski\/"}]}},"jetpack_featured_media_url":"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2017\/12\/Stephen-Sandherr.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004199648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/users\/1068"}],"replies":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/comments?post=1004199648"}],"version-history":[{"count":5,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004199648\/revisions"}],"predecessor-version":[{"id":1004199770,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/posts\/1004199648\/revisions\/1004199770"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media\/1004199692"}],"wp:attachment":[{"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/media?parent=1004199648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/categories?post=1004199648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.commercialsearch.com\/news\/wp-json\/wp\/v2\/tags?post=1004199648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}