Search


Archives

ABC's Construction Economic Update covers the latest commercial and industrial construction economic news. Delivered electronically, it provides an analysis of the monthly economic indices released by the federal government, including construction spending, employment, the producer price index and the quarterly gross domestic product.  

ABC's 2018 Construction Economic Updates will be delivered according to this schedule.

If you wish to receive Construction Economic Updates as they are released, opt-in on the subscribe page

For media inquiries, contact Rachel O'Grady at ogrady@abc.org.


Construction Material Prices Fall in August, says ABC

WASHINGTON, Sept. 12—Prices for inputs to construction fell 0.5 percent in August but are 8.1 percent higher than at the same time one year ago, according to an Associated Builders and Contractors analysis of Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.4 percent in August but are up 8.3 percent year-over-year. Softwood lumber prices plummeted 9.6 percent in August yet are up 5 percent on a yearly basis (down from a 19.5 percent increase year-over-year in July). Read the rest of entry »

Construction Employment Retains Momentum in August, Says ABC

WASHINGTON, Sept. 7—The U.S. construction industry added 23,000 net new jobs in August, an increase from the 18,000 net new jobs added in July, according to an Associated Builders and Contractors analysis of data supplied by the U.S. Bureau of Labor Statistics. The industry has added 297,000 net new jobs since August 2017, a 4.3 percent increase. Nonresidential construction employment increased by 9,600 net jobs in August, although the heavy and civil engineering category lost 200 net jobs for the month. Read the rest of entry »

Public Nonresidential Construction Up in July, Says ABC

WASHINGTON, Sept. 4—National nonresidential construction spending declined 0.3 percent in July, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending stood at $748.8 billion on a seasonally adjusted, annualized rate in July, an increase of 5.3 percent from the same time last year. Private nonresidential spending fell 1 percent in July, while public nonresidential spending expanded 0.7 percent. Read the rest of entry »

Construction Material Prices Inch Down in July, Says ABC

WASHINGTON, Aug. 9—Prices for inputs to construction fell 0.2 percent in July but are 9.5 percent higher than a year ago, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential construction input prices fell 0.3 percent in July but are up 9.6 percent year over year. Softwood lumber prices are up 19.5 percent from July 2017, while iron and steel prices are up 13.4 percent. Read the rest of entry »

Construction Adds 19,000 Jobs as Unemployment Plummets in July, Says ABC

WASHINGTON, Aug. 3—The U.S. construction industry added 19,000 net new jobs in July after adding 13,000 net new jobs in June, according to an Associated Builders and Contractors analysis of data supplied by the U.S. Bureau of Labor Statistics. The industry has added 308,000 net new jobs since the first of the year, a robust increase of 4.4 percent. Read the rest of entry »

Nonresidential Construction Spending Dips in June, Says ABC

WASHINGTON, Aug. 1—Nonresidential construction spending contracted 1.6 percent on a monthly basis in June, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Spending totaled $742.4 billion on a seasonally adjusted annual rate for the month, a 4.2 percent increase from the same time one year ago. Private nonresidential spending fell 0.3 percent in June, while public nonresidential spending contracted by 3.5 percent.

Read the rest of entry »

Nonresidential Fixed Investment Surges in Second Quarter, Says ABC

WASHINGTON, July 27—The U.S. economy expanded at an annualized 4.1 percent rate during the second quarter of 2018—the fastest rate of quarterly growth since the second quarter of 2014, according to an Associated Builders and Contractors analysis of U.S. Bureau of Economic Analysis data released today. Read the rest of entry »

Construction Material Prices Increase Steadily in June, Says ABC

WASHINGTON, July 11—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction material prices rose another 0.8 percent in June and are 9.6 percent higher than they were at the same time one year ago. Read the rest of entry »

Construction Employment Retains Momentum in June, Says ABC; Unemployment Rate Increases as Labor Force Grows

WASHINGTON, July 6—The U.S. construction industry added 13,000 net new jobs in June after adding 29,000 net new jobs in May (revised upward from 25,000+), according to an analysis by the Associated Builders and Contractors of data from the U.S. Bureau of Labor Statistics. The industry has added 282,000 net new jobs during the past calendar year, a 4.1 percent increase. Read the rest of entry »

Nonresidential Construction Spending Remains Elevated in May, But Private Sector Falters, Says ABC

WASHINGTON, July 2—Nonresidential construction spending inched 0.1 percent higher on a monthly basis in May, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Spending, which totaled $749 billion on a seasonally adjusted annual rate for the month, is up 3 percent from the same time last year. Read the rest of entry »
Pages: Previous1234567...25NextReturn Top