News Briefs: May-June 2025
ABC is entering the aerospace industry; equipment rental booms despite economic hindrance.
Nonresidential Construction Spending Dips 0.1% in April
Overall nonresidential construction spending declined ever so slightly in April, with private spending down and public spending up.
Construction Futures: May 2025 Economic Roundup
The construction industry holds firm and contractors remain optimistic despite all economic signs to the contrary.
Construction Materials Prices Tame in April Despite Rising Iron and Steel Costs
While overall construction input prices are slightly higher year over year, they inched down 0.1% in April compared to March.
Nonresidential Construction Added Jobs in April Despite Headwinds
Despite a slow in nonresidential construction spending, the sector added jobs in April.
Nonresidential Construction Spending Plunges in March
Nonresidential construction spending fell across virtually all subsectors in March, except for data-center projects.
Construction Job Openings Decreased by 38,000 in March
Industrywide labor hirings are visibly slowing, but so are industrywide quittings and firings.
Construction Futures: April 2025 Economic Roundup
The volatility of the tariffs is having an equally volatile effect on the construction market.
