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From the category archives: Construction Economics
Construction Economics
Wednesday, March 6, 2019 3:40 AM
WASHINGTON, Feb. 28—The U.S. economy grew at an annual rate of 2.6 percent in the fourth quarter of 2018, according to an Associated Builders and Contractors analysis of data published today by the U.S. Bureau of Economic Analysis. Year-over-year GDP growth was 3.1 percent, while average growth for 2018 was 2.9 percent.
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Thursday, February 21, 2019 9:30 AM
WASHINGTON, Feb. 21—Construction industry leaders remained predominantly confident about the nonresidential construction sector’s prospects during the final quarter of 2018, according to the latest Construction Confidence Index released today by Associated Builders and Contractors.
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Thursday, February 14, 2019 10:38 AM
WASHINGTON, Feb. 14—Construction input prices fell
0.7 percent on a monthly basis in January yet are up 1.6 percent year-over-year
according to an Associated Builders and Contractors analysis of U.S. Bureau of
Labor Statistics data released today. Construction input prices have declined
for three consecutive months and in four of the previous six months.
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Friday, February 1, 2019 12:20 PM
WASHINGTON, Feb. 1—National nonresidential construction spending declined 1 percent in November, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. The release of November data, originally scheduled for Jan. 3, was delayed by the partial government shutdown.
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Friday, February 1, 2019 11:27 AM
WASHINGTON, Feb. 1— Construction employment expanded by 52,000 net new jobs in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry employment is up by 338,000 net jobs on a yearly basis, which represents an increase of 4.7 percent. Nonresidential construction employment grew by 28,600 net new positions on a monthly basis, although the nonresidential building sub-sector lost 800 net positions.
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Wednesday, January 30, 2019 9:45 AM
WASHINGTON, Jan. 30—Estimated December not seasonally adjusted construction unemployment rates fell nationally and in 44 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.
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Tuesday, January 15, 2019 1:30 PM
WASHINGTON, Jan. 15—Construction input prices declined 1.7 percent in December on a month-over-month basis yet are 3.5 percent higher than the same time last year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. In December, nonresidential construction prices fell 1.6 percent but are up 4.1 percent compared to one year ago.
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Monday, January 7, 2019 9:45 AM
WASHINGTON, Jan. 7—Estimated November construction unemployment rates fell nationally and in 44 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors.
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Friday, January 4, 2019 10:00 AM
WASHINGTON, Jan. 4—According to an Associated Builders and Contractors analysis of data released by today the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent.
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Wednesday, December 19, 2018 9:59 AM
WASHINGTON, Dec. 19—While construction industry leaders remained confident in the third quarter of 2018, optimism slipped relative to the second quarter, according to the latest Construction Confidence Index released today by Associated Builders and Contractors. Approximately three in four construction firms expect that sales will continue to rise over the next six months and closer to one in ten expect sales to decline over the next two quarters.
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