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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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From the monthly archives: December 2012

We are pleased to present below all posts archived in 'December 2012'. If you still can't find what you are looking for, try using the search box.

Construction Materials Prices Fall 1.1 Percent in November

In a sign of a weak global economy, the nation’s construction materials prices fell 1.1 percent in November—the largest monthly decrease since February 2009—according to the producer price index report by the U.S. Department of Labor. However, prices are 1 percent higher than the same time last year. Read the rest of entry »

Construction Industry Loses 20,000 Jobs in November

National construction industry employment fell by 20,000 jobs in November pushing the unemployment rate to 12.2 percent, up from 11.4 percent the previous month, according to the Dec. 7 employment report by the U.S. Department of Labor. Year-over-year, construction employment is down by 6,000 jobs, or 0.1 percent.
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ABC Predicts Moderate Construction Recovery Will Continue In 2013

Associated Builders and Contractors (ABC) today released its 2013 economic forecast for the U.S. commercial and industrial construction industry, and it shows the continuation of a modest recovery for nonresidential construction next year.
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Nonresidential Construction Spending Rises 0.5 Percent in October

The nation’s nonresidential construction industry experienced a modest gain in October as spending increased 0.5 percent to $571.3 billion, according to the Dec. 3 report by the U.S. Census Bureau. Total nonresidential construction spending–which includes both private and public projects–is up 5.1 percent compared to one year ago.  
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