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Posts Tagged 'construction economics'

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ABC Predicts Continued Growth for the Construction Industry in 2016

WASHINGTON, D.C., Dec. 7 – Associated Builders and Contractors (ABC) forecasts a continued steady economic recovery for the U.S. commercial and industrial construction industries in 2016. Despite a weak global economy, the industry’s solid economic recovery in 2015 should continue in 2016, led by strong consumer spending.

ABC, AIA & NAHB Economists Predict Residential & Nonresidential Construction Growth in 2016

WASHINGTON, D.C., Nov. 3 – Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist David Crowe predicted continued construction industry growth in 2016 today during a joint economic forecast  web conference.

ABC Predicts Continued Construction Industry Growth in 2015

Washington, D.C. - Associated Builders and Contractors (ABC) forecasts a steady and ongoing economic recovery for the U.S. commercial and industrial construction industries in 2015. The reasonably brisk industry recovery in 2014 should continue in 2015, with momentum especially growing in segments closely related to the current American energy and industrial production resurgence.

Construction Economists Optimistic About 2014 Commercial and Industrial Growth

Washington, D.C. – Associated Builders and Contractors (ABC) Chief Economist Anirban Basu, American Institute of Architects (AIA) Chief Economist Kermit Baker and National Association of Home Builders (NAHB) Chief Economist David Crowe provided a collaborative economic forecast today combining their expert economic analysis on leading, present and lagging economic indicators. 

ABC Doubts Construction Industry Recovery in 2013; Cites 'Lack Of Confidence'

Washington, D.C. – During a national online news conference today, Associated Builders and Contractors (ABC) Chief Economist Anirban Basu stated the nation’s construction industry may not recover next year.  

Construction Backlog Declines 5.4 Percent In The First Quarter Of 2012

Washington, D.C. – Associated Builders and Contractors (ABC) today released its Construction Backlog Indicator (CBI) for the first quarter of 2012. CBI declined 5.4 percent from the previous quarter, dipping from 7.8 months to 7.4 months, but is slightly higher compared to the first quarter of 2011. CBI is a forward-looking economic indicator that measures the amount of construction work under contract to be completed in the future. 

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