Construction Input Prices Slide in September, Says ABC

WASHINGTON, Oct. 8—Construction input prices fell 0.6% in September and are down 1.7% 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 fell 0.7% for the month and are down 1.4% compared to the same time last year.

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Nonresidential Construction Employment Rises in September, Says ABC

WASHINGTON, Oct. 4 – The construction industry added 7,000 net new jobs in September, 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 156,000 jobs, an increase of 2.1%. 

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Nonresidential Construction Spending Down in August, Says ABC

WASHINGTON, Oct. 1—National nonresidential construction spending declined 0.4% in August, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. On a seasonally adjusted annualized basis, spending totaled $773.8 billion, 0.3% higher than in August 2018.

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Construction Contractors Less Confident in July, Says ABC

WASHINGTON, Sept. 19—U.S. construction industry leaders’ confidence diminished somewhat in July 2019, yet they remain optimistic regarding nonresidential construction’s near-term prospects, according to the Construction Confidence Index released today by Associated Builders and Contractors.

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ABC’s Construction Backlog Indicator Inches Lower in July

WASHINGTON, Sept. 17—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.5 months in July 2019, down 0.3 months or 2.9% from June 2019 when CBI stood at 8.8 months.

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Monthly and Yearly Construction Input Prices Drop in August, Says ABC

WASHINGTON, Sept. 11—Construction input prices fell 0.6% in August and are down 0.9% year-over-year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices fell 0.4% for the month and are down 0.4% compared to August 2018.

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Nonresidential Construction Employment Expands in August, Says ABC

WASHINGTON, Sept. 6—The construction industry added 14,000 net new jobs in August, 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 177,000 jobs, or 2.4%. 

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Nonresidential Construction Spending Down in July, Says ABC

WASHINGTON, Sept. 3— According to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today, national nonresidential construction spending declined 0.3% in July, totaling $776 billion on a seasonally adjusted annualized basis, and a 0.1% increase compared to July 2018. The June 2019 estimates were revised upward from $773.8 billion to $778.5 billion.

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July Construction Unemployment Rates Remain Low, Though Not as Low as a Year Ago, Says ABC

WASHINGTON, Aug. 28—In July, estimated not seasonally adjusted construction unemployment rates rose nationally and in 38 states, fell in eight states and remained unchanged in four 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. For the third consecutive month, all 50 states posted construction unemployment rates less than 10%. Read the rest of entry »

Construction Contractors Lose Confidence in June, Says ABC

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 June 2019 Construction Confidence Index released today by Associated Builders and Contractors. Read the rest of entry »