Building & Construction
March 31, 2026
Written by Stephanie Ritenbaugh
Total nonresidential construction spending was virtually unchanged in January, according to an Associated Builders and Contractors (ABC) analysis of the most recent data published by the US Census Bureau.
On a seasonally adjusted annualized basis, nonresidential spending totaled $1.245 trillion, ABC reported.
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
Rio Tinto will exclusively market billet from RevoCast’s new British Columbia plant under a long-term agreement combining primary and recycled aluminum.
Can Art Aluminum Extrusion has purchased BRT Extrusions in Niles, adding five extrusion presses and finishing operations.
RevoCast has started secondary aluminum billet production in British Columbia, adding more than 80,000 tonnes of annual capacity to Western Canada.
Construction spending indicators show softer architecture billings and private construction spending despite strength in several large project categories.
