Why do American companies spend so much on construction?

Why do American companies spend so much on construction?

American companies are increasingly spending billions of dollars to build new factories and new construction sites in Asia, according to a new report from the World Bank.The report, titled “Why American Companies Spend so Much on Construction,” looks at how the U.S. and China have become the dominant global builders.According to the report, American companies…

A group of New York construction workers takes over an abandoned construction site

A group of New York construction workers takes over an abandoned construction site

New York City construction workers have taken over an empty former building site that was once home to one of the world’s largest garment factories, as well as several small- and medium-sized businesses.Workers in the New York-based International Brotherhood of Electrical Workers (IBEW) and the Building Trades Unions of America (BTTU) have begun to construct…