Census population figures confirm Southern states’ momentum

According to the U.S. Census Bureau’s Vintage 2021 national and state population estimates and components of change, the population of the United States grew in the past year by 392,665, or 0.1 percent, the lowest rate since the nation’s founding. The slow rate of growth can be attributed to decreased net international migration, decreased fertility, and increased mortality due in…

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Construction economist assesses slowing private work stability

An Associated Builders & Contractors analysis of U.S. Census Bureau data shows seasonally adjusted, annualized spending of $687 billion in August, 1.1 percent and 1.3 percent lower than prior month and August 2015 levels, respectively. Four of the five largest nonresidential subsectors—power, highway and street, commercial and manufacturing—combined to fall 2.2 percent on a monthly basis in August 2016.

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