Economy

ABC’s Construction Backlog Surges in May, Contractor Confidence Slips

by ABC | Jun 16, 2026
Business | Business Development | Business Intelligence | Departments | Economy | Finance | Markets | Top Story | Topic

"The way this boom is disproportionately benefiting larger contractors helps to explain why contractor confidence slipped in May even as backlog continued to climb.”

Construction Materials Prices Surge 2.6% in May, Up Nearly 10% Year Over Year

by Grace Calengor | Jun 11, 2026
Top Story | Accounting | Business | Business Development | Business Intelligence | Business Risk | Economy | Finance | Productivity | Project Delivery | Taxes

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

by ABC | Jun 1, 2026
Top Story | Accounting | Business | Business Development | Business Intelligence | Business Risk | Economy | Finance | Productivity | Project Delivery

Public construction spending inched incrementally higher in April while private nonresidential spending fell yet again.

Construction Futures: May 2026 Economic Roundup

by Construction Executive | May 21, 2026
Top Story | Business | Construction Futures | Economy

Volatile construction industry markers signal uncertainty for contractors nearing mid-year mark.

Construction Materials Prices Soar in April, Up 6.2% Since January

by ABC | May 15, 2026
Top Story | Accounting | Business | Business Development | Business Intelligence | Business Risk | Economy | Finance | Productivity | Project Delivery | Taxes

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

by ABC | May 11, 2026
Top Story | Accounting | Business | Business Development | Business Risk | Commercial | Economy | Finance | Industrial | Infrastructure | Institutional | Manufacturing | Markets | Productivity | Project Delivery | Public

March witnessed a decline in various construction-related aspects, including nonresidential spending.

Construction Futures: April 2026 Economic Roundup

by Construction Executive | Apr 24, 2026
Top Story | Business | Business Risk | Construction Futures | Economy

A healthier job market, stagnant spending and a reopened strait send mixed messages about April's construction economy.

Oil Prices Contribute to March Surge in Construction Materials Prices

by ABC | Apr 14, 2026
Top Story | Accounting | Business | Business Development | Business Intelligence | Business Risk | Economy | Finance | Productivity | Project Delivery

 “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.