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ABC's Construction Economic Update covers the latest commercial and industrial construction economic news. Delivered electronically, it provides an analysis of the monthly economic indices released by the federal government, including construction spending, employment, the producer price index and the quarterly gross domestic product.  

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Posts Tagged 'Nonresidential Construction Spending'

We are pleased to present below all posts tagged with 'Nonresidential Construction Spending'. If you still can't find what you are looking for, try using the search box.

Construction Jobs Numbers Rebound in November

WASHINGTON, Dec. 8—The nation’s construction sector added 24,000 net new jobs in November, representing a 0.3 percent month-over-month increase, according to an Associated Builders and Contractors (ABC) analysis of Bureau of Labor Statistics data released today. 

Construction Spending Up in September; Down on a YOY Basis

WASHINGTON, Nov. 1Nonresidential construction spending rose 0.5 percent in September, totaling $698.1 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Census Bureau. However, nonresidential construction spending is down 2.9 percent on a year-over-year basis, with construction spending related to manufacturing down 20.3 percent since September 2016

Nonresidential Construction Spending Stabilizes in August; Spending on Nonresidential Construction Services Is Still Down on a YOY Basis

WASHINGTON, Oct. 2—Nonresidential construction spending expanded 0.5 percent in August, totaling $691.8 billion on a seasonally adjusted, annualized basis, according to an analysis of data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Though this represents an improvement from July’s total ($688.2 billion), nonresidential spending remains 3.4 percent below its year-ago level and is down 3.8 percent from the cyclical peak attained in May 2017.

Nonresidential Construction Plunges Again; Public and Private Sector Down in July

WASHINGTON, Sept. 1—Nonresidential construction spending fell 1.7 percent in July, totaling $688.4 billion on a seasonally adjusted, annualized basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the U.S. Census Bureau. The absolute level of nonresidential construction spending was at its lowest point since December 2015.  

Nonresidential Construction Spending Falls in 13 of 16 Segments in April

WASHINGTON, D.C., June 1—Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). 

Nonresidential Spending Loses Steam After Strong Start to Year

WASHINGTON, D.C., May 1—Nonresidential construction spending fell 1.2 percent in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the segment totaled $708.6 billion on a seasonally adjusted, annualized basis, however the decline is less dramatic than it may be perceived to be given that February’s initial estimate of $701.6 billion was upwardly revised to $717 billion, making it the highest level or spending recorded in the data series.

Public Nonresidential Construction Spending Rebounds; Overall Spending Unchanged in February

WASHINGTON, D.C., April 3—Nonresidential construction spending remained unchanged in February, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). The segment totaled $701.9 billion on a seasonally adjusted annualized rate for the month, marking the seventh consecutive month in which nonresidential spending sat above the $700 billion threshold.

Nonresidential Spending Slips to Start 2017

WASHINGTON, D.C., March 1—Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Nonresidential spending fell 1.9 percent from December to $698.4 billion on a seasonally adjusted, annualized basis.  This represents the first month total nonresidential construction spending dipped below $700 billion since July 2016.

Nonresidential Spending Falters Slightly to End 2016

WASHINGTON, D.C., Feb. 1—Nonresidential construction spending slipped 0.7 percent in the final month of 2016, but increased 4.6 percent over the previous year, according to analysis of  U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending decreased from $713.1 billion in November to $708.2 billion in December on a seasonally adjusted, annualized basis.

Nonresidential Spending Thrives in Strong November Spending Report

WASHINGTON, D.C., Jan. 3—Nonresidential construction surged in November, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending expanded to $712.4 billion on a seasonally adjusted, annualized rate in November, representing the highest level of spending in eight years.

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