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Report: Nonresidential construction spending, construction job openings up in February

National nonresidential construction spending was up 0.3 percent in February and construction job openings increased by 22,000 in the month. Keep Reading

Report: Construction Backlog Indicator dips, contractor confidence up

The Associated Builders & Contractors (ABC) reports its Construction Backlog Indicator fell in February, while its Construction Confidence Index was up. Keep Reading

AGC: Construction spending up in October

The Associated General Contractors of America (AGC) reports that construction spending increased 0.4 percent in October. It is up 5 percent over the last 12 months. Keep Reading

ABC: Construction job openings down in October, year over year

The Associated Builders & Contractors (ABC) reports that construction job openings were down by 9,000 positions in October. They are down 164,000 positions year over year. Keep Reading

ABC: Construction unemployment down slightly year over year

National September 2024 not seasonally adjusted construction unemployment dipped 0.1 percent compared to a year earlier, down to 3.7 percent. Keep Reading

Factors affecting the construction industry in 2025

Industry economists are eyeing several factors as they shape their forecasts for next year – including interest rates, inflation, the workforce and the election. Keep Reading

Episode 26: Economists provide 2025 construction sector outlook

On this episode of "Drilling Deeper," P&Q managing editor Jack Kopanski chats with economists about what is ahead for each construction sector for the rest of 2024 and into 2025. Keep Reading

Industry economist shares expectations for nonresidential

Zack Fritz of the Associated Builders & Contractors discusses ongoing demand for data center construction and what’s next for manufacturing, which has been a top performer of late. Keep Reading

How inflation, interest rates have impacted construction

Zack Fritz, economist with the Associated Builders & Contractors, discusses the current state of construction materials prices and how interest rates have influenced the industry. Keep Reading

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