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Posted on Thursday, March 19, 2020 9:45 AM By Rachel O'Grady
WASHINGTON, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early weeks of 2020, according to the Associated Builders and Contractors Construction Confidence Index released today. While the reading for sales expectations edged lower for the month, confidence pertaining to sales, profit margins and staffing levels remain well above the threshold of 50, signaling expected growth in those three metrics.
Posted on Friday, March 6, 2020 10:24 AM By Rachel O'Grady
WASHINGTON, March 6—The construction industry added 42,000 net new jobs in February, 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 223,000 jobs, an increase of 3.0%.
Posted on Thursday, February 20, 2020 9:30 AM By Rachel O'Grady
WASHINGTON, Feb. 20—Confidence among U.S. construction industry leaders held steady in December after surging in November, according to the Associated Builders and Contractors Construction Confidence Index released today. The average American contractor enters 2020 with confidence: Sales expectations, profit margins and staffing levels all remained above the growth expectations threshold, indicating a strong start to 2020.
Posted on Wednesday, February 19, 2020 11:23 AM By Taylor Larkin
WASHINGTON, Feb. 19—Construction input prices rose 0.3% in January compared to December 2019 and are up 1.9% 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 were flat for the month and are up 1.8% on a year-over-year basis.
Posted on Tuesday, February 18, 2020 9:27 AM By Rachel O'Grady
WASHINGTON, Feb. 18—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell to 8.4 months in December 2019, a 4.2% decline from November’s reading. This appears to be due primarily to seasonal factors.
Posted on Friday, February 7, 2020 10:45 AM By Taylor Larkin
WASHINGTON, Feb. 7—The construction industry added 44,000 net new jobs in January, 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 142,000 jobs, an increase of 1.9%.
Posted on Monday, February 3, 2020 12:01 PM By Taylor Larkin
WASHINGTON, Feb. 3—National nonresidential construction spending declined 1.2% in December 2019 but is up 4.4% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $779.6 billion in December.
Posted on Tuesday, January 21, 2020 9:30 AM By Rachel O'Grady
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.
Posted on Wednesday, January 15, 2020 11:41 AM By Rachel O'Grady
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.
Posted on Friday, January 10, 2020 11:14 AM By anonymous
WASHINGTON, Jan. 10—The construction industry added 20,000 net new jobs in December 2019, 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 151,000 jobs, an increase of 2.0%.