Construction Futures: November 2024 Economic Roundup
Slipping backlog, natural disasters and a new administration add up to equal uncertainty for the construction sector heading into 2025.
Energy Prices Drive Construction Materials Costs 0.3% Higher in October
High energy prices are driving a slight surge in construction materials prices, but overall numbers remain lower than they were this time last year.
ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated
Backlog is down in October, but don't be fooled—this dip is consistent with October 2023, and contractors remain confident.
September Construction Job Openings, Distorted by Storms, Decrease by 40,000
There is more than meets the eye, especially when it comes to construction job openings for September.
Construction Futures: October 2024 Economic Roundup
Upticks abound for the construction industry in October. This month's growth in industry employment and decline in materials prices boosts backlog confidence.
Construction Input Prices Down 0.9% in September
Large decrease in oil prices contributes to decrease in overall input prices for September.
Basu Still Betting on Recession: CE’s 2024 Q3 Construction Economic Update and Forecast Summary
"I have been so surprised that the economy performed this well," ABC Chief Economist Anirban Basu admitted in the recent Q3 Construction Economic Update and Forecast webinar—but he is not a full-fledged optimist yet.
Construction Futures: September 2024 Economic Roundup
Let the rate cuts commence! What the Fed's latest lowering means for the industry, plus ABC's latest Construction Confidence Index.
