March 1, 2013

Construction Spending in January Up 7.1% YOY

Private and public construction spending both decreased from December.

February growth marks the third consecutive month of expansion.

The increase was the largest in more than two years.

Mike Marks: Employee wisdom can mislead and is inherently a short-term asset.

RBC will no longer manufacture large bearings in its Houston, TX, facility.

Report: The sequester combined with caps on federal spending in 2013 could hurt construction markets.