The construction industry lost 9,000 jobs on net in March, 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 grown by 196,000 jobs, […]
Tag: Construction Backlog Indicator
ABC: Construction Job Openings Jump By 129,000 in February; Sharp Contrast to January’s Steep Decline
The construction industry supported 412,000 job openings in February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled […]
Nonresidential Construction Spending Continues to Increase in February, Says ABC
National nonresidential construction spending increased 0.4% in February, 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 $982.2 billion for the month.
Spending declined […]
ABC: Construction Materials Prices Up 0.4% in February
Construction input prices expanded 0.4% in February 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 also rose 0.4% for […]
ABC’s Construction Backlog Indicator and Contractor Confidence Index Rise in February
Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 9.2 months in February, according to an ABC member survey conducted Feb. 20 to March 6. The reading is 1.2 months higher than in February 2022.
View ABC’s Construction […]