Nonresidential Construction Spending Contracts in Six of Past Seven Months
Construction job growth and spending are both down in recent weeks, signaling potentially persistent weakness in the economy for the near future.
Construction Futures: July 2025 Economic Roundup
Construction spending is dwindling yet employment is up; materials prices are increasing while backlog is rebounding.
‘It’s Going to All Work Out for America’: Anirban Basu on 2025 Mid-Year Construction Economic Forecast
‘Eventually, it’s going to all work out for America,' posited ABC Chief Economist Anirban Basu during Construction Executive's 2025 Mid-Year Construction Economic Update and Forecast webinar.
June Nonresidential Construction Materials Prices Up 2.5% Year-Over-Year, 43% Since February 2020
Construction backlog is back up, but so are input prices for nonresidential construction materials.
Contractor Optimism Grows as ABC’s Backlog Indicator Rebounds in June
Backlog is on the rise this summer compared with last year, according to ABC's Construction Backlog Indicator.
Industrialized Construction: An Era in Building Efficiency
Industrialized construction represents a broad shift that’s redefining how we build our environments, making them more adaptable, more efficient and more sustainable.
Nonresidential Construction Spending Down 0.2% in May
That start of summer is seeing the start of a slowdown in nonresidential construction spending.
Ensuring Operational Readiness of Critical Infrastructure
Completing a project is not the end of the job. Next comes ensuring that project is ready for service on day one and beyond.
