Posted on Friday, November 13, 2020 9:45 AM By Donna Reichle
WASHINGTON, Nov. 13—Construction input prices remained virtually unchanged in October compared to the previous month, 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 remained unchanged for the month.
Posted on Tuesday, November 10, 2020 10:00 AM By Donna Reichle
WASHINGTON, Nov. 10— Associated Builders and Contractors reported today that its Construction Backlog Indicator rebounded to 7.7 months in October, an increase of 0.2 months from September’s reading, according to an ABC member survey conducted from Oct. 20 to Nov. 5. Backlog is 1.2 months lower than in October 2019.
Posted on Monday, November 2, 2020 11:27 AM By Donna Reichle
WASHINGTON, Nov. 2—National nonresidential construction spending fell 1.6% in September, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, monthly spending totaled $794.3 billion.
Posted on Tuesday, October 13, 2020 9:35 AM By anonymous
WASHINGTON, Oct. 13—Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 7.5 months in September, a decline of 0.5 months from August’s reading, according to an ABC member survey conducted Sept. 20-Oct. 6. Backlog is 1.5 months lower than in September 2019.
Posted on Thursday, July 30, 2020 10:38 AM By anonymous
WASHINGTON, July 30—The U.S. economy contracted at an annualized rate of 32.9% during the second quarter of 2020, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. Nonresidential and residential fixed investment contracted by 27.0 and 38.7%, respectively, while investment in nonresidential fixed structures contracted by 34.9%.
Posted on Wednesday, May 13, 2020 12:15 PM By anonymous
WASHINGTON, May 13—Construction input prices fell 4.4% in April from the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices declined 4.2% for the month.
Posted on Thursday, April 23, 2020 9:30 AM By anonymous
WASHINGTON, April 23—Confidence among U.S. construction industry leaders plummeted in response to the economic fallout associated with COVID-19, according to the Associated Builders and Contractors Construction Confidence Index released today. Readings for sales, profit margins and staffing levels expectations fell below the threshold of 50 for the first time in the history of the series, signaling expected contraction along all three dimensions. CCI is based on a survey of ABC members, which was conducted March 20-31.
Posted on Friday, April 3, 2020 9:50 AM By Taylor Larkin
WASHINGTON, April 3—Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Nonresidential construction employment declined by 24,600 in March.
Posted on Thursday, March 19, 2020 9:45 AM By anonymous
WASHINGTON, March 19—Confidence among U.S. construction industry leaders generally improved in January, consistent with the burgeoning momentum of the U.S. economy during the early weeks of 2020, according to the Associated Builders and Contractors Construction Confidence Index released today. While the reading for sales expectations edged lower for the month, confidence pertaining to sales, profit margins and staffing levels remain well above the threshold of 50, signaling expected growth in those three metrics.
Posted on Thursday, March 12, 2020 10:31 AM By anonymous
WASHINGTON, March 12—Construction input prices fell 0.6% in February and are up 0.4% year over year, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also decreased by 0.6% but are up 0.3% compared to the same time last year.