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From the monthly archives: August 2019
We are pleased to present below all posts archived in 'August 2019'. If you still can't find what you are looking for, try using the search box.
Thursday, August 22, 2019 9:30 AM
WASHINGTON, Aug. 22—U.S. construction industry leaders are somewhat less confident about near-term prospects for nonresidential construction but remain reasonably upbeat, according to the June 2019 Construction Confidence Index released today by Associated Builders and Contractors.
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Tuesday, August 20, 2019 9:30 AM
WASHINGTON, Aug. 20—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.8 months in June 2019, down 0.1 months or 1.3% from May 2019, when CBI stood at 8.9 months.
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Monday, August 12, 2019 11:04 AM
WASHINGTON, Aug. 12—More than 10 years after the end of the most severe financial crisis since the Great Depression, the U.S. economy is again making history by entering its longest-ever expansion. Nevertheless, emerging weakness in business investment has been hinting at softening outlays, giving commercial and industrial construction contractors cause for concern, according to a mid-year economic outlook by Anirban Basu, chief economist of Associated Builders and Contractors.
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Friday, August 9, 2019 10:13 AM
WASHINGTON, Aug. 9—Construction input prices expanded 0.8% in July but are down 0.6% year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also increased 0.8% for the month but have declined 0.3% on a year-ago basis.
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Friday, August 2, 2019 10:36 AM
WASHINGTON, Aug. 2—The construction industry added 4,000 net new jobs in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 202,000 net jobs, an increase of 2.8%.
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Thursday, August 1, 2019 11:23 AM
WASHINGTON, Aug. 1—National nonresidential construction spending declined 1.8% in June, totaling $773.8 billion on a seasonally adjusted annualized basis—a 2.3% increase compared to the same time a year ago, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data published today. Public nonresidential spending fell 3.7% in June, but is up 6.4% year over year, while private nonresidential spending fell 0.3% on a monthly basis and is up 0.4% from June 2018.
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