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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: January 2014

We are pleased to present below all posts archived in 'January 2014'. If you still can't find what you are looking for, try using the search box.

Nonresidential Fixed Investment Expanded 3.8 Percent During Fourth Quarter of 2013

Nonresidential fixed investment expanded 3.8 percent while residential fixed investment fell 9.8 percent during the fourth quarter of 2013, according to a Jan. 30 release by the Bureau of Economic Analysis. Overall, real gross domestic product (GDP) expanded 3.2 percent following a 4.1 percent increase in the third quarter.
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Construction Materials Prices Rise Only 0.1 Percent in December

Construction materials prices expanded just 0.1 percent in December and are up 1.3 percent year over year, according to a Jan. 15 Producer Price Index released by the Department of Labor. Nonresidential construction materials prices also rose only 0.1 percent for the month and are 1 percent higher than the same time one year ago. 
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Nonresidential Construction Employment Declines in December

National construction employment decreased by 16,000 jobs in December, according to a Jan. 10 report by the U.S. Department of Labor.  Nonresidential construction registered the bulk of job losses, contributing 88.1 percent of total construction industry job loss and losing 14,100 positions on a monthly basis.  
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Nonresidential Construction Spending Returns to Normal After Government Shutdown

Nonresidential construction spending grew 0.6 on a monthly and yearly basis in November 2013, according to the Jan. 2 release by the U.S. Census Bureau. In November, spending totaled $583.436 billion on a seasonally adjusted, annualized basis. 
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