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From the category archives: Construction Economics
Construction Economics
Thursday, January 23, 2020 9:00 AM
WASHINGTON, Jan. 23—Confidence among U.S. construction industry leaders increased in November 2019 with respect to sales, profit margins and staffing, according to the Associated Builders and Contractors Construction Confidence Index released today. Sales and profit margin expectations reached their highest levels since May 2019, while staffing expectations reached their highest level since April 2019.
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Tuesday, January 21, 2020 9:30 AM
WASHINGTON, Jan. 21—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline from October’s reading.
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Wednesday, January 15, 2020 11:41 AM
WASHINGTON, Jan. 15—Construction input prices rose 0.2% in December 2019 and are up 1.0% year over year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 0.3% for the month and are also up 1.0% since December 2018.
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Monday, January 6, 2020 9:30 AM
WASHINGTON, Jan. 6—In November, estimated not seasonally adjusted construction unemployment rates increased nationally and in 38 states, fell in 11 states and were unchanged in one state (Washington) on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.
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Thursday, December 19, 2019 9:30 AM
WASHINGTON, Dec. 19—Leaders of the U.S. construction industry regained a degree of confidence in October 2019 with respect to near-term prospects for sales and profit margins, according to the Associated Builders and Contractors Construction Confidence Index released today. However, contractors became slightly less confident regarding their staffing levels during the next six months.
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Tuesday, December 17, 2019 9:30 AM
WASHINGTON, Dec. 17—Associated Builders and Contractors reported today that its Construction Backlog Indicator remained virtually unchanged at 8.9 months in October, up just 0.2% from September’s reading.
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Thursday, December 12, 2019 10:04 AM
WASHINGTON, Dec. 12—Construction input prices decreased 0.5% in November and are down 1.1% year over year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices decreased 0.4% for the month and are down 1.0% since November 2018.
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Friday, December 6, 2019 10:19 AM
WASHINGTON, Dec. 6—The construction industry added 1,000 net new jobs in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 146,000 jobs, an increase of 2.0%.
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Wednesday, December 4, 2019 12:39 PM
WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts continued momentum for the construction sector next year but advised an overall “wait-and-see” approach based on leading and lagging indicators and economic uncertainties, according to a 2020 economic outlook published in Construction Executive magazine.
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Tuesday, December 3, 2019 9:30 AM
WASHINGTON, Dec. 3—In October, estimated not seasonally adjusted construction unemployment rates increased nationally and in 34 states, fell in 13 states and were unchanged in three states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.
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