Construction input prices fell 0.5% in November compared to the previous month, 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 0.4% for […]
Tag: nonresidential construction
ABC Reports: Nonresidential Construction Employment Expands in November
The construction industry added 27,000 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. During the last seven months, the industry has added 804,000 jobs, […]
According to ABC, Nonresidential Construction Spending Unchanged in October
National nonresidential construction spending was virtually unchanged in October, 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 $792.4 billion for the month.
Of the […]
U.S. Economy Expands at 33.1% Annual Rate in Q3 of 2020, says ABC
The U.S. economy expanded at an annualized rate of 33.1% during the third quarter of 2020, helping to offset a significant share of the economic loss sustained during the second quarter, according to an Associated Builders and Contractors analysis of data released […]
ABC’s Construction Backlog Slips in September; Contractors Remain Optimistic
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey conducted Sept. 20-Oct. 6. Backlog is 1.5 months lower than […]