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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 2013

We are pleased to present below all posts archived in 'December 2013'. If you still can't find what you are looking for, try using the search box.

Construction Materials Prices Remain Stable in November

Overall, construction materials prices fell 0.5 percent in November and are up only 1.1 percent year over year, according to the Department of Labor’s Dec. 13 Producer Price Index.  Nonresidential construction materials are down 0.6 percent for the month and are 0.7 percent lower than the same time last year. 
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Nonresidential Construction Continues to Gain Jobs in November

National construction employment expanded by 17,000 jobs in November, according to a Dec. 6 report by the U.S. Department of Labor. Nonresidential construction added 7,700 positions on a monthly basis, contributing nearly half (45.2 percent) of the overall gain in construction employment. 
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Nonresidential Construction Spending Inches Higher

Nonresidential construction spending increased 1.6 percent on a monthly basis in October after declining 1.3 percent in September, according to the Dec. 2 release by the U.S. Census Bureau. (This release contained two months of data because of the federal government shutdown.) On a year-over-year basis, nonresidential construction spending is down 0.7 percent through October. Spending totaled $575.563 billion for the month on a seasonally adjusted, annualized basis.
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