Construction spending increased 5.9 percent nationally between November 2013 and a year earlier, according to The Associated General Contractors of America, which said the gain was generated by the private sector.
“The outlook appears favorable for many types of private nonresidential and multifamily construction, but remains flat or negative for public spending,” Ken Simonson, the association’s chief economist, said in a news release.
The association said things would be better if the federal government could get it together long enough to fund infrastructure improvements.
Increasing building activity has been evident in pockets along the Grand Strand since early 2013, but largely hidden from the public eye is major public-sector construction. Thanks to a referendum-approved 1-cent sales tax addition, Horry County Schools, Coastal Carolina University and Horry Georgetown Technical College have spent tens of millions on new buildings.
Given that, though, you’d be hard pressed to find a Grand Strander who would hue and cry if the federal government decided to fork over the cash for an interstate connection.
Contact STEVE JONES at 444-1765.