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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: June 2014

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

Construction Materials Prices Flat in May

Overall construction materials prices remained flat in May but are up 1.6 percent year over year according to the June 13 Producer Price Index release supplied by the Department of Labor.  Nonresidential construction materials prices fell 0.2 percent for the month but are 1.3 percent higher than at the same time one year ago. 
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Nonresidential Construction Employment Declines in May

The U.S. construction industry only gained 6,000 jobs in May, according to the June 6 employment report by the U.S. Department of Labor (DOL). Nonresidential construction segments lost 500 jobs in May, a surprising departure from the 12,600 jobs (revised) added in April. The residential sector performed slightly better, adding 3,300 jobs for the month. The heavy and civil engineering sector added 3,200 jobs in May and has added an impressive 32,600 jobs in the past 12 months.
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Nonresidential Construction Spending Expands in April

Nonresidential construction spending inched up in April and has now expanded for two consecutive months, according to the June 2 release by the U.S. Census Bureau. Nonresidential construction spending expanded by 0.4 percent on a monthly basis in April and has risen 3.9 percent on a year-over-year basis. Spending for the month totaled $570.6 billion on a seasonally adjusted, annualized basis.
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