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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: February 2013

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

Construction Materials Prices Increase 0.7 Percent in January

National construction materials prices increased 0.7 percent in January, with year-over-year prices rising 1.3 percent. Nonresidential construction materials prices were up 0.6 percent for the month and 0.8 percent during the last 12 months. Read the rest of entry »

Nonresidential Construction Spending Increases 0.3 Percent in December

The nation’s nonresidential construction spending increased 0.3 percent in December, with outlays increasing to a seasonally adjusted annual rate of $570.4 billion, according to the Feb. 1 report by the U.S. Census Bureau. Year over year, total nonresidential construction spending is up 1.2 percent.
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Construction Adds 28,000 Jobs in January, but Unemployment Increases to 16.1 Percent

Despite the addition of 28,000 jobs in January, the nation’s construction industry unemployment rate shot up to 16.1 percent, according to the Feb. 1 employment report by the U.S. Department of Labor. The January rate marks an increase from 13.5 percent in December 2012, but a decrease from 17.7 percent the same time last year. Year over year, construction employment has risen by 102,000 jobs, or 1.8 percent.
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