ConstructConnect’s Expansion Index, a monthly measure of the dollar value of planned or contemplated construction projects compared to the same month one year ago, for September 2022 was 10% and 20% higher overall in Canada and the United States, respectively.
Among expanding U.S. states, Texas ranked first, followed by Virginia and Ohio. Other states which registered strong expansionary activity included West Virginia, Wyoming, and Vermont. Conversely, New Mexico followed by Washington, and Wisconsin reported the most significant decrease in planned spending.
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