The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an […]
Tag: Construction Backlog Indicator (CBI)
Monthly Construction Input Prices Continue to Climb in November, Says ABC
Construction input prices increased 1.4% 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 also increased 1.4% for the […]
ABC Reports, Nonresidential Construction Employment Rises in October
The construction industry added 44,000 jobs on net in October, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 963,000, or 86.5%, of the jobs […]
According to ABC, Input Prices Decline in September but Remain Higher on a Yearly Basis
Construction input prices declined 0.5% in September, 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.
Despite the monthly decline, construction input prices […]
ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in June
Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.5 months in June, according to an ABC member survey conducted June 20-July 6, 0.5 months higher than in May 2021 and 0.4 months higher than in June […]