Friday, November 3, 2017 11:17 AM
WASHINGTON, Nov. 3—According to an Associated Builders and Contractors (ABC) analysis of data released by the Bureau of Labor Statistics today, the nation’s construction sector added 11,000 net new jobs in October, matching the revised total from September. Nonresidential construction employment, however, experienced a net decline of 2,000 jobs. The residential sector added approximately 13,000 net new jobs.
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Wednesday, November 1, 2017 1:12 PM
WASHINGTON, Nov. 1
—Nonresidential construction spending rose 0.5 percent in September, totaling $698.1 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data from the U.S. Census Bureau. However, nonresidential construction spending is down 2.9 percent on a year-over-year basis, with construction spending related to manufacturing down 20.3 percent since September 2016
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Friday, October 27, 2017 12:49 PM
WASHINGTON, Oct. 27—The U.S. economy expanded at an annual rate of 3 percent during the third quarter of 2017, according to Associated Builders and Contractors’ analysis of gross domestic product (GDP) data released today by the Bureau of Economic Analysis. “Construction firms are among the major beneficiaries of the most recent GDP report, which confirms that the U.S. economy enjoys a level of momentum not observed for several years,” said ABC Chief Economist Anirban Basu.
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Thursday, October 12, 2017 1:03 PM
WASHINGTON, Oct. 12—Construction input prices rose yet again in September, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the Bureau of Labor Statistics. Non-residential construction input prices rose 0.8 percent in September and 4.3 percent compared to this time last year.
Overall, construction materials prices rose 0.8 percent over the previous month and 4.5 percent on a year-over-year basis, about three times as fast as overall U.S. inflation.
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Monday, October 2, 2017 12:42 PM
WASHINGTON, Oct. 2—Nonresidential construction spending expanded 0.5 percent in August, totaling $691.8 billion on a seasonally adjusted, annualized basis, according to an analysis of data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Though this represents an improvement from July’s total ($688.2 billion), nonresidential spending remains 3.4 percent below its year-ago level and is down 3.8 percent from the cyclical peak attained in May 2017.
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Friday, September 1, 2017 12:18 PM
WASHINGTON, Sept. 1—Nonresidential construction spending fell 1.7 percent in July, totaling $688.4 billion on a seasonally adjusted, annualized basis, according to an analysis by Associated Builders and Contractors (ABC) of data released today by the U.S. Census Bureau. The absolute level of nonresidential construction spending was at its lowest point since December 2015.
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Tuesday, August 1, 2017 12:16 PM
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
WASHINGTON, Aug. 1—Nonresidential construction spending fell by 2 percent on a monthly basis in June 2017, totaling $697 billion on a seasonally adjusted, annualized basis according to an analysis of U.S. Census Bureau data released today by Associated Builders and Contractors. June represents the first month during which spending has dipped below the $700 billion per year threshold since January 2016.
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Monday, July 3, 2017 12:26 PM
WASHINGTON, July 3 - Nonresidential construction spending expanded by 0.3 percent on both a monthly and yearly basis in May and stands at $714.3 billion on a seasonally adjusted annualized basis, according to analysis of a report from the U.S. Census Bureau released today by Associated Builders and Contractors (ABC).
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Thursday, June 1, 2017 1:58 PM
WASHINGTON, D.C., June 1—Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC).
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Monday, May 1, 2017 12:57 PM
WASHINGTON, D.C., May 1—Nonresidential construction spending fell 1.2 percent in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the segment totaled $708.6 billion on a seasonally adjusted, annualized basis, however the decline is less dramatic than it may be perceived to be given that February’s initial estimate of $701.6 billion was upwardly revised to $717 billion, making it the highest level or spending recorded in the data series.
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