Search


Click here to subscribe to ABC’s news releases or email ogrady@abc.org.

Archives

Minimize
Search by Category   

News Releases

From the monthly archives: August 2014

We are pleased to present below all posts archived in 'August 2014'. If you still can't find what you are looking for, try using the search box.

Construction Backlog Indicator Reaches All-Time High in Second Quarter

Tuesday, August 19, 2014 8:07 AM
Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) reached an all-time high in the second quarter of 2014. CBI improved 5.4 percent following a 2.8 percent decline in the first quarter and currently stands at 8.5; up 3.6 percent on a year-over-year basis.
Read the rest of entry »

Construction Materials Prices Flat in July

Friday, August 15, 2014 11:03 AM
Overall, construction materials prices inched higher in July and are up 2 percent year over year, according to the Aug. 15 producer price index (PPI) release by the Department of Labor. Nonresidential construction materials prices were flat for the month and are just 1.4 percent higher than at the same time one year ago. 
Read the rest of entry »

Construction Economists Optimistic About 2014 Commercial and Industrial Growth

Monday, August 4, 2014 4:58 PM
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. 
Read the rest of entry »

Nonresidential Construction Spending Growth Falters in June

Friday, August 1, 2014 12:58 PM
Nonresidential construction spending fell in June after posting significant growth during the prior two months, according to the Aug. 1 release from the U.S. Census Bureau. Nonresidential construction spending fell 2.8 percent on a monthly basis in June, but has risen 4.6 percent on a year-over-year basis. Spending for the month totaled $588.8 billion on a seasonally adjusted, annualized basis, while the government revised the estimate for nonresidential construction spending in May from $596.2 billion to $605.6 billion.
Read the rest of entry »

Nonresidential Construction Employment Regains Momentum in July

Friday, August 1, 2014 12:49 PM
The U.S. construction industry added 22,000 jobs in July, according to the Bureau of Labor Statistics’ Aug. 1 preliminary estimate. June’s report was also upwardly revised to show a gain of 10,000 jobs in the industry. Nonresidential construction added 6,600 jobs in July, with heavy and civil engineering adding 2,500 of those jobs. This represents a significant improvement from June when the nonresidential construction industry added just 100 jobs. 
Read the rest of entry »