Associated Builders & Contractors
ABC: Nonresidential spending down slightly in November
National nonresidential spending was down 0.1 percent in November to $1.14 trillion according to the Associated Builders & Contractors (ABC). Keep Reading
ABC: Manufacturing activity continues to drive nonresidential growth
While manufacturing construction provided a boost in October, Anirban Basu, chief economist with the Associated Builders & Contractors (ABC) says commercial construction dipped sharply in the month. Keep Reading
The latest on nonresidential spending, construction job openings
The Associated Builders & Contractors reports that nonresidential construction spending was up 0.3 percent and job openings were up by 56,000 in September. Keep Reading
Construction employment up in September; industry headwinds remain
The Associated Builders & Contractors reports that construction employment in September was up by 217,000 jobs year over year and up 11,000 jobs from the prior month. Keep Reading
Nonresidential spending up, construction job openings down in August
The Associated Builders & Contractors reports that nonresidential construction spending was up 0.4 percent in August, while industry job openings were down by 3,000 in the month. Keep Reading
Nonresidential construction spending sees minimal growth in July
Private nonresidential spending increased 0.5 percent, while public nonresidential construction spending was down 0.4 percent in July, a net 0.1 percent gain for total nonresidential construction Keep Reading
Nonresidential construction driving industry employment growth
The Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000. Keep Reading
Construction job openings down, labor scarcity remains
Anirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going down. Keep Reading
What’s next for pricing of construction materials, equipment
The Associated Builders & Contractors’ Anirban Basu says construction materials prices should be reasonably stable in the coming months, but construction equipment prices might be an exception. Keep Reading
