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…
Author: Associated Builders and Contractors
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…
U.S. Economic Growth Softens in Final Quarter of 2018, says ABC
Washington, Feb. 28—The U.S. economy grew at an annual rate of 2.6 percent in the fourth quarter of 2018, according to an Associated Builders…
Contractors Lose Confidence in Q3 but Remain Upbeat, According to ABC’s Latest Construction Confidence Index
Washington,Dec. 19—While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the…
Nonresidential Construction Employment Slows Down in November, Says ABC
Washington, Dec. 7—Construction employment expanded by 5,000 net new jobs in November, according to an analysis of U.S. Bureau of Labor Statistics data conducted…
Nonresidential Spending Retains Momentum in September, Up 8.9 Percent Year Over Year, Says ABC
Washington, Nov. 1—National nonresidential construction spending fell 0.3 percent in September but remains historically elevated, according to an Associated Builders and Contractors analysis…
