Anirban Basu
ABC: Nonresidential spending up in November
Spending was up on a monthly basis in nine of the 16 nonresidential subcategories according to the Associated Builders & Contractors (ABC). Keep Reading
Clouds gathering, turbulence growing for 2023
Less robust activity in housing, retail and manufacturing will put downward pressure on growth and contribute to a deceleration in profits. Keep Reading
ABC: Construction job openings down in October
The Associated Builders & Contractors (ABC) says construction job openings dropped by 52,000 positions in October and 21,000 positions from a year ago. Keep Reading
ABC: Construction employment up in October
The construction industry added 1,000 jobs in October, according to the Associated Builders & Contractors (ABC). Keep Reading
ABC: Construction employment up in September
The Associated Builders & Contractors (ABC) says the construction industry gained 19,000 jobs in September, with nonresidential construction adding 13,100. Keep Reading
ABC: Nonresidential construction spending dips in August
The Associated Builders & Contractors (ABC) says nonresidential construction spending totaled $859.3 billion for the month. Keep Reading
Basu: Economic uncertainty to continue into 2023
While Anirban Basu does not believe the U.S. is in a recession, the Associated Builders & Contractors’ chief economist says one is coming in 2023. Keep Reading
Inflation’s impact on construction sectors
Nonresidential, residential and nonbuilding construction are all seeing different responses to stubborn inflation and rising interest rates. Keep Reading
Skills shortages hindering construction workforce
While workforces in industries like hotels and restaurants are facing worker shortages as a whole, the construction industry's workforce is lacking skilled labor specifically, according to Anirban Basu. Keep Reading
