nonresidential construction
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
ABC: Construction backlog steady, confidence up in August
The Associated Builders & Contractors’ (ABC) Construction Backlog Indicator saw no change in August, while the Construction Confidence Index grew. Keep Reading
ABC: Construction input prices down in July, up from 2021
Associated Builders & Contractors (ABC) says construction input prices are down 1.8 percent from June to July, but are up 17.4 compared to July 2021. Keep Reading
ABC: Construction job openings, unemployment down in June
Construction job openings decreased by 71,000 jobs from May to June, while industry unemployment dropped 3.8 percent from June 2021. Keep Reading
AGC: Nonresidential construction spending down
The Associated General Contractors of America (AGC) says rising materials prices and labor shortages are offsetting demand for construction. Keep Reading
Report: Economy, nonresidential construction down in second quarter
The U.S. economy contracted last quarter, and nonresidential spending is down in 10 of the last 11 quarters. Keep Reading
Dodge: Total construction starts down in June
Dodge Construction Network reports that total construction starts were down 5 percent in June, despite gains in nonbuilding construction starts. Keep Reading
AGC: Construction input costs up in June
The Associated General Contractors of America (AGC) says rising construction materials prices are adding pressure to contractors. Keep Reading
ABC: Construction backlog, confidence down in June
The Associated Builders & Contractors (ABC) says both its Construction Backlog Indicator and Construction Confidence Index dipped last month. Keep Reading