Skolnick Legal Group, P.C.
Free Initial Phone Consultation
  • Roseland: 973-403-0100
  • Hackensack: 201-430-2400
  • New York: 212-744-9600

July 2019 Archives

Overall construction spending falls in May

New construction projects may be slowing down slightly in New Jersey as part of a nationwide trend. According to the U.S. Department of Commerce, the first drop in construction spending in six months came in May 2019. While home building projects declined for the fifth month in a row, May marked the first decline in overall construction spending. In May, spending fell by 0.8%, the first drop since a 1.3% decrease in November 2018. Adjusted by season, there was $1.29 trillion spent on construction projects nationwide. However, the May decrease came after a 0.4% jump in further project spending only one month earlier.

Contact Our Construction Law Team Today

We invite you to contact us to schedule a free initial phone consultation today at one of our three office locations. Feel free to call or send our office an email.

Roseland 973-403-0100 | Hackensack 201-430-2400 | New York 212-744-9600

We also handle personal injury matters, and frequently resolve commercial and real estate disputes.

Roseland Office
103 Eisenhower Parkway
Suite 305
Roseland, NJ 07068

Phone: 973-403-0100
Roseland Law Office Map

Hackensack Office
3 University Plaza
Suite 207
Hackensack, NJ 07601

Phone: 201-430-2400
Map & Directions

New York Office
18 East 41st Street
6th Floor
New York, NY 10017

Phone: 212-744-9600
Map & Directions

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