Digging for Dirt
Construction input prices increased 1.3% in April compared to the previous month, 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 increased 1.6% for the month.
Construction input […]
Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 7.9 months in April, according to an ABC member survey conducted April 20-May 5, 0.1 months higher than in March 2021 and April 2020.
ABC’s Construction Confidence Index readings […]
Construction industry employment remained unchanged in April, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Over the last year, the industry has added 917,000 jobs, recovering 82.4% of the jobs lost […]
National nonresidential construction spending declined 1.1% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $778.5 billion for the month.
Spending was down on […]
The U.S. economy expanded at a 6.4% annualized rate during the first quarter of 2021; however, investment in nonresidential structures declined at a 4.8% rate for the quarter, according to analysis conducted by Associated Builders and Contractorsof data released today by […]