nonresidential construction
PCA: Cement consumption expected to drop in 2023
Due to increasing inflation and interest rates, the Portland Cement Association (PCA) projects a 3.5 percent decline in cement demand in 2023. Keep Reading
AGC: Data shows construction spending down slightly
The Associated General Contractors of America (AGC) says total construction spending was down a tad in August amid rising interest rates. Keep Reading
Dodge Momentum Index back up in September
The Dodge Momentum Index increased 5.7 percent in September, and it is up 26 percent over the last year. 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
Report: Construction starts down in August
Nonbuilding construction starts fell 36 percent, nonresidential increased 7 percent and residential gained 1 percent in the month. 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
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
