Someone's Got to Fix Those Potholes

There's been much talk lately about the tone of construction spending -- and, upon hearing that term, two particular categories tend to jump quickly to an investor's mind. One is residential construction, which includes single-family homes and multi-family homes, such as apartments, condos and the like. The other is nonresidential construction, which encompasses more than 15 subcategories, from manufacturing and power to educational and commercial.

While it may come as a surprise to some, the largest component of the nonresidential category comprises highway- and street-construction spending. In fact, these accounted for just over 22% of March spending in the nonresidential patch....353 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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