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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

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