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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: April 2014

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

Nonresidential Fixed Investment Declines 2.1 Percent in Disappointing First Quarter GDP Report

Nonresidential fixed investment decreased 2.1 percent and residential fixed investment fell 5.7 percent during the first quarter, according to an April 30 release by the Bureau of Economic Analysis. Overall, real gross domestic product (GDP) expanded just 0.1 percent (seasonally adjusted annual rate) during the first quarter of 2014 following a 2.6 percent increase in the fourth quarter of last year.  
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Construction Materials Prices Up 0.5 Percent in March

Construction materials prices expanded 0.5 percent in March and are up 1.1 percent from March of last year, according to the U.S. Department of Labor’s April 11 producer price index release. Nonresidential construction materials prices are up 0.4 percent for the month and are 1 percent higher than the same time one year ago. 
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Jobs Report Meets Expectations in March

The U.S. construction industry gained 19,000 jobs in March, while the construction unemployment rate fell to 11.3 percent (non-seasonally adjusted) according to the April 4 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments added 6,700 jobs in March, a marked improvement from the 2,800 jobs (revised) added in February. The improvement led the construction unemployment rate to fall from 12.8 percent in February and 14.7 percent in March 2013. Read the rest of entry »

Nonresidential Construction Spending Inches Higher

The U.S. Census Bureau announced today that nonresidential construction spending increased 0.6 percent in February and has risen 6.1 percent since February 2013. The gains follow nonresidential construction spending declines in both January and December. Spending for the month totaled $580.5 billion on a seasonally adjusted, annualized basis.

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