Washington, Aug. 22—U.S. construction industry leaders are somewhat less confident about near-term prospects for nonresidential construction but remain reasonably upbeat, according to the…
Author: Associated Builders and Contractors
ABC’s Construction Backlog Indicator Inches Lower in June
Washington, Aug. 20—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.8 months in June 2019, down 0.1 months…
Mid-year Economic Outlook for Nonresidential Construction: Expansion Continues, But Vulnerabilities Pile Up
Washington, Aug. 12—More than 10 years after the end of the most severe financial crisis since the Great Depression, the U.S. economy is…
Construction Input Prices Rebound in July, Says ABC
Washington, Aug. 9—Construction input prices expanded 0.8% in July but are down 0.6% year-over-year, according to an Associated Builders and Contractors analysis of…
Nonresidential Construction Employment Roughly Flat in July, Says ABC
Washington, Aug. 2—The construction industry added 4,000 net new jobs in July, according to an Associated Builders and Contractors analysis of data released…
Nonresidential Construction Spending Slows in June, Remains Elevated, Says ABC
Washington, Aug. 1—National nonresidential construction spending declined 1.8% in June, totaling $773.8 billion on a seasonally adjusted annualized basis—a 2.3% increase compared to the…
June Construction Unemployment Rates Down in 40 States Year Over Year, Says ABC
Washington, July 31—In June, estimated not seasonally adjusted construction unemployment rates fell nationally and in 40 states and increased in 10 on a…
U.S. GDP Expands by 2.1% in the Second Quarter, Says ABC
Washington, July 26—The U.S. economy expanded at a 2.1% annualized rate during the second quarter of 2019 with consumer spending leading the way, according to…
Construction Contractors Remain Confident as Summer Begins, Says ABC
Washington, July 18—U.S. construction industry leaders remained upbeat regarding nonresidential construction’s near-term prospects in May 2019, according to the Construction Confidence Index released…
2019 Starts Off With Expansion in Nonresidential Spending, Says ABC
Washington, March 13—National nonresidential construction spending rose 2.4 percent in January, according to an Associated Builders and Contractors analysis of U.S. Census Bureau…