Wednesday, June 1, 2016 12:36 PM
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.
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Wednesday, June 1, 2016 9:25 AM
WASHINGTON, D.C., June 1—Construction employment rates improved in 44 states and the nation in April on a year-over-year basis, according to analysis of Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors. The not seasonally adjusted (NSA) construction unemployment rate of 6 percent was a 1.5 percent drop from April 2015, continuing a streak of consecutive monthly year-over-year rate declines that began in October 2010. National NSA employment in construction was 262,000 higher than in April 2015.
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Friday, May 13, 2016 9:17 AM
WASHINGTON, D.C., May 13—Construction input prices expanded on a monthly basis for the second consecutive month in April, increasing by 0.5 percent according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). The two-month growth streak follows nine consecutive months during which construction input prices fell and construction input prices remain 2.9 percent below their April 2015 levels.
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Friday, May 6, 2016 12:15 PM
WASHINGTON, D.C., May 6- The U.S. construction industry added just 1,000 net new jobs in April according to an analysis of today’s U.S. Bureau of Labor Statistics (BLS) release by Associated Builders and Contractors (ABC). Although industrywide job growth was marginal, the nonresidential construction sector added 6,600 net new jobs for the month. Revisions to the previous two months of construction data produced a net decrease of 3,000 jobs, with March’s construction employment estimate raised by 4,000 jobs but February’s downgraded by 7,000 positions.
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Monday, May 2, 2016 12:29 PM
WASHINGTON, D.C., May 2- Nonresidential construction spending fell 0.4 percent on a monthly basis in March, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC), but it was up 8.3 percent on a year-over-year basis to $695.7 billion. Eight of 16 nonresidential construction subsectors experienced monthly spending growth in March and twelve are up on a year-ago basis.
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Thursday, April 28, 2016 12:55 PM
WASHINGTON, D.C., April 28— Real gross domestic product (GDP) expanded only 0.5 percent (seasonally adjusted annual rate) during 2016’s first quarter according to an analysis of Bureau of Economic Analysis data released today by Associated Builders and Contractors (ABC). This disappointing figure follows a 1.4 percent annualized rate of economic output expansion during the fourth quarter of 2015.
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Tuesday, April 26, 2016 9:00 AM
The March not seasonally adjusted (NSA) construction unemployment rates for the country and 30 states were lower than in March 2015, according to analysis by economist Bernard Markstein released today by Associated Builders and Contractors. March’s 0.8 percent decrease from a year ago marked five and a half years of consecutive monthly year-over-year rate declines. Meanwhile, March national NSA employment in construction was 298,000 higher than in March 2015.
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Thursday, April 14, 2016 8:43 AM
WASHINGTON, D.C., April 14—Associated Builders and Contractors’ (ABC) Construction Confidence Index (CCI) showed a slight dip in the second half of 2015, although all three components of the index showed optimism for continued economic growth. The diffusion index measures forward-looking construction industry expectations in sales, profit margins and staffing levels, with readings above 50 indicating growth.
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Wednesday, April 13, 2016 11:06 AM
WASHINGTON, D.C., April 13-Construction input prices rose on a monthly basis in March for the first time in nine months according to an analysis of the Bureau of Labor Statistics (BLS) Producer Price Index released today by Associated Builders and Contractors (ABC). Input prices expanded 0.9 percent on a monthly basis in March but are still down 3.4 percent on a year-over-year basis.
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Friday, April 1, 2016 11:27 AM
Nonresidential construction spending dipped in February, falling 1.4 percent on a monthly basis according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. While this represents a step back from January’s figure of $700.3 billion (revised down from $701.9 billion), it is still 1.5 percent higher than the level of spending registered in December 2015 and 10.1 percent higher than February 2015.
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