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Posted on Thursday, May 23, 2019 9:45 AM By Donna Reichle
WASHINGTON, May 23—Construction industry leaders remained upbeat with respect to nonresidential construction prospects in March 2019, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
Posted on Tuesday, May 21, 2019 9:45 AM By Donna Reichle
WASHINGTON, May 21—Associated Builders and Contractors reports that its monthly Construction Backlog Indicator expanded to 9.5 months in March 2019, up 0.7 months or 8.8% since February 2019 when CBI stood at 8.8 months.
Posted on Thursday, May 9, 2019 10:17 AM By Rachel O'Grady
WASHINGTON, May 9—Construction input prices increased 0.9% in April on a monthly basis and 2.4% compared to the same time last year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
Posted on Friday, May 3, 2019 10:42 AM By Rachel O'Grady
WASHINGTON, May 3 – The construction industry added 33,000 net new jobs in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics released today. Compared to the same time last year, industry employment is up by 256,000 jobs, an increase of 3.5 percent.
Posted on Tuesday, April 16, 2019 9:26 AM By Rachel O'Grady
WASHINGTON, April 16—Associated Builders and Contractors reported today that its Construction Backlog Indicator expanded to 8.8 months in February 2019, up 0.7 months or 8.2% from January 2019, when the backlog dipped to 8.1 months.
Posted on Monday, April 1, 2019 12:13 PM By Donna Reichle
WASHINGTON, April 1—According to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today, national nonresidential construction spending rose 1.2 percent in February. Seasonally adjusted nonresidential spending totaled $773.8 billion, a 4.8 percent increase over the same time last year.
Posted on Wednesday, March 13, 2019 1:38 PM By Rachel O'Grady
WASHINGTON, March 13—National nonresidential construction spending rose 2.4 percent in January, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. At a seasonally adjusted annualized rate, nonresidential spending totaled $762.5 billion for the month, an increase of 4.8 percent over the previous year. Public nonresidential construction spending expanded 4.9 percent in January and private spending increased 0.8 percent. Both public and private nonresidential spending are up 8.5 percent and 2.4 percent, respectively, on a yearly basis.
Posted on Wednesday, March 13, 2019 12:43 PM By Rachel O'Grady
WASHINGTON, March 13—According to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today, construction input prices rose 0.9 percent monthly in February and 1.8 percent in the past 12 months. Inputs to nonresidential construction were up 1 percent monthly and 2.7 percent on a yearly basis. This is the first time that input prices have risen since October 2018, when prices increased by 0.5 percent.
Posted on Wednesday, March 6, 2019 3:40 AM By stover@abc.org
WASHINGTON, Feb. 28—The U.S. economy grew at an annual rate of 2.6 percent in the fourth quarter of 2018, according to an Associated Builders and Contractors analysis of data published today by the U.S. Bureau of Economic Analysis. Year-over-year GDP growth was 3.1 percent, while average growth for 2018 was 2.9 percent.
Posted on Wednesday, March 6, 2019 2:57 AM By Donna Reichle
WASHINGTON, March 4—National nonresidential construction spending remained virtually unchanged in December, according to Associated Builders and Contractors’ analysis of U.S. Census Bureau data released today. Nonresidential spending totaled $750.5 billion on a seasonally adjusted annualized basis in December, up 4 percent year over year.