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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 2016

We are pleased to present below all posts archived in 'June 2016'. If you still can't find what you are looking for, try using the search box.

Construction Material Prices Rise Again

WASHINGTON, D.C., June 15—Construction input prices expanded by 0.7 percent in May and have now expanded for three consecutive months according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). The rise follows eight consecutive months during which construction input prices fell; prices remain 3.4 percent below their year-ago level.
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Construction Job Losses Worst Since 2013, ABC Reports

WASHINGTON, D.C., June 3—The U.S. construction industry lost 15,000 net jobs in May according to an analysis of today’s U.S. Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). This represents the industry’s worst month since December 2013, when payrolls also shrank by 15,000 jobs. Including April’s estimate, which was downwardly revised from 1,000 net new jobs to a loss of 5,000 net jobs, the industry has now lost jobs in two consecutive months for the first time in four years. Read the rest of entry »

Nonresidential Construction Spending Down in April

WASHINGTON, D.C., June 1- Nonresidential construction spending fell 2.1 percent in April according to analysis of  U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $688.2 billion on a seasonally adjusted, annualized rate. Read the rest of entry »