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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: May 2013

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

Construction Materials Prices Down 0.1 Percent in April

National construction materials prices slipped 0.1 percent in April, according to the May 15 producer price report by the U.S. Department of Labor. Year over year, construction materials prices are up just 0.4 percent. Nonresidential construction materials prices decreased 0.1 percent for the month and are down 0.4 percent over the last 12 months.
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Construction Loses 6,000 Jobs in April

The construction industry lost 6,000 jobs in April according to the May 3 employment report by the U.S. Department of Labor, but the unemployment rate decreased to 13.2 percent, down from 14.7 percent in March and 14.5 percent in April 2012.
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Nonresidential Construction Spending Slips 2.9 Percent in March

The nation’s nonresidential construction spending declined 2.9 percent in March, according to the May 1 construction spending report by the U.S. Census Bureau. On a year-over-year basis, total nonresidential construction spending is down 1.2 percent, indicating that recovery continues to elude this segment of the economy. Total nonresidential construction spending stands at $555.08 billion on an annualized basis.  
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