Getting the Best Rate Is Costing Contractors Money
Cutting tiny corners in construction procurement can add up to major financial burdens.
Construction Futures: June 2026 Economic Roundup
What We Learned in June: Construction Shows Small Signs of Momentum, Risks Remain The construction industry has experienced an uptick in hiring and growing backlog in recent months, yet input price escalation and reemerging signs [...]
Construction Materials Prices Surge 2.6% in May, Up Nearly 10% Year Over Year
While the construction industry added a healthy amount of jobs in May, input prices also went up.
Nonresidential Construction Spending Grows on Public Sector Strength in April
Public construction spending inched incrementally higher in April while private nonresidential spending fell yet again.
Construction Materials Prices Soar in April, Up 6.2% Since January
Overall construction input prices are 7.0% higher than one year ago, while nonresidential construction input prices are 7.4% higher.
Nonresidential Construction Spending Down Again in March
March witnessed a decline in various construction-related aspects, including nonresidential spending.
Oil Prices Contribute to March Surge in Construction Materials Prices
“Construction materials prices surged in March and are now up 4.8% year over year, the largest annual increase since January 2023,” said ABC Chief Economist Anirban Basu.
‘We Need to Lower Interest Rates’: Anirban Basu on 2026 Q1 Construction Economy
Data center construction, the Strait of Hormuz and that tenacious labor shortage are all top of mind for contractors this quarter.
