Nonresidential Construction Spending Flat in November
National nonresidential construction spending was virtually unchanged in November on a monthly basis.
State Construction Unemployment Rates Down in 49 States From a Year Ago
The not seasonally adjusted national construction unemployment rate dropped 2.6% in September 2021 from a year ago while 49 states had lower unemployment rates over
Investment in Nonresidential Structures Falls 7.3% in Third Quarter of 2021
Investment in nonresidential structures contracted at an annual rate of 7.3% during the third quarter of 2021 and has now contracted during seven of the past eight
Input Prices Decline in September but Remain Higher on a Yearly Basis
Construction input prices declined 0.5% in September, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer
2021-2022 Tech Alliance Members Announced
Associated Builders and Contractors has announced the members of its second annual Tech Alliance—a consortium of firms creating construction technology and
ABC’s Construction Backlog Indicator Plummets in August; Contractor Confidence Down
Associated Builders and Contractors reported that its Construction Backlog Indicator fell sharply to 7.7 months in August, according to an ABC member survey conducted
ABC Opposes Tax Deduction Changes
More than 100 trade associations joined forces to oppose potential legislation that would weaken the Section 199A pass-through tax deduction.
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.