nonresidential construction
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
Nonbuilding, residential gains drive construction starts upward in July
Total construction starts gained 17 percent in July thanks, in part, to the start of a large LNG facility in Texas. 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
Dodge Momentum Index dips in July
The Dodge Momentum Index declined declined 0.9 percent in July with the commercial component falling 0.2 percent and the institutional component dropping 1.9 percent. Keep Reading
ABC: Nonresidential spending up, job openings down
Spending on nonresidential construction was up in June, while job openings were down according to Associated Builders & Contractors (ABC). Keep Reading
Construction starts drop in June following May bump
Dodge Construction Network’s Richard Branch says the absence of mega projects is one reason why starts are up one month and down the next. Keep Reading
ABC: Construction employment up, nonresidential spending down
The construction industry added 23,000 jobs in June, according to the Associated Builders & Contractors (ABC). ABC also notes that nonresidential construction spending was down 0.2 percent in May. Keep Reading
Forecasting construction in the months ahead
Dodge Construction Network’s Sarah Martin projects how markets will fare in the second half of 2023 and into 2024. Keep Reading
