Nonresidential Construction Loses 20,300 Jobs in August
The construction industry lost 3,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor
Nonresidential Construction Spending Weak in July
National nonresidential construction spending expanded 0.1% in July, according to an Associated Builders and Contractors analysis of data published by the U.S. Census
U.S. Economy Expands in Second Quarter, Investment in Structures Contracts
The U.S. economy expanded at a 6.5% annualized rate in the second quarter of 2021, pushing overall gross domestic product above pre-pandemic levels.
Construction Input Prices Up 23.1% Year-Over-Year in July
Construction input prices rose 0.6% in July, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index
Nonresidential Construction Adds Only 2,900 Jobs in July, but Liquidity Remains High
The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S.
Nonresidential Construction Spending Down Nearly 1% in June
National nonresidential construction spending declined 0.9% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census
Analysis: State Construction Unemployment Rates Down in 45 States From a Year Ago
The not-seasonally adjusted national construction unemployment rate was down 2.6% in June 2021 from a year ago, and 45 states had lower unemployment rates over the
ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in June
Associated Builders and Contractors has reported that its Construction Backlog Indicator rose to 8.5 months in June, according to an ABC member survey conducted
Construction Input Prices Rise 2.8% in June, Says ABC
Construction input prices increased 2.8% in June compared to the previous month, according to an Associated Builders and Contractors analysis of Producer Price Index
Good News on Prices for Some Construction Materials
The elevated price of softwood lumber, a major talking point during much of the pandemic, has fallen below $900 per board feet as pf June 23.
ABC’s Construction Backlog Inches Up in April; Contractor Optimism Slips
ABC reported its Construction Backlog Indicator rose to 7.9 months in April, 0.1 months higher than in March 2021 and April 2020.
Monthly Construction Input Prices Rise 1.3% in April
Construction input prices increased 1.3% in April compared to the previous month, according to a recently released ABC analysis of U.S. Bureau of Labor Statistics
ABC’s Construction Backlog Inches Up in April; Contractor Optimism Slips
Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 7.9 months in April, according to an ABC member survey conducted April
Drop in State Construction Unemployment Rates Points to Industry Recovery, Says ABC
Construction employment is holding its own, although it is not back to pre-pandemic levels, according to state-by-state analysis of BLS data released by ABC.
Nonresidential Construction Spending Decreases 1.1% in March, Says ABC
National nonresidential construction spending declined 1.1% in March, according to an Associated Builders and Contractors analysis of data published today by the
ABC: The Construction Industry Needs to Hire an Additional 430,000 Craft Professionals in 2021
In 2021, construction companies will need to hire 430,000 more workers than they employed in 2020, according to an analysis of BLS data by ABC. The analysis also
Clemson University Named Overall Winner of ABC Construction Management Competition
Associated Builders and Contractors has announced the winners of its annual Construction Management Competition, held virtually for 12 teams of undergraduate students.
ABC’s Construction Backlog Slips in March; Contractor Optimism Continues to Improve
Associated Builders and Contractors has reported that its Construction Backlog Indicator fell to 7.8 months in March, according to an ABC member survey conducted
Construction Adds 110,000 Jobs in March
The construction industry added 110,000 jobs in March, according to an Associated Builders and Contractors analysis of data released recently by the U.S. Bureau
ABC’s Construction Backlog Indicator Rose Sharply in February; Contractor Optimism Builds
Associated Builders and Contractors reported recently that its Construction Backlog Indicator rose to 8.2 months in February, according to an ABC member survey conducted
Nonresidential Construction Spending Stabilizes in January 2021, Down 5% Since January 2020, Says ABC
National nonresidential construction spending increased 0.9% on a monthly basis in January 2021 but is down 5% since January 2020, according to an Associated Builders