Contractors’ input costs rose more than their bid prices in February, according to Bureau of Labor Statistics (BLS) data posted on Wednesday. The producer price index (PPI) for...
Signals and Signposts
The current and future economy, trends in design and construction, political influence – sometimes we have something to say about topics which may be signs of things to come.
Construction employment, seasonally adjusted, totaled a record-high 7,918,000 in February, an increase of 24,000 from the January total and 249,000 (3.2%) year-over-year (y/y),...
WASHINGTON, March 8—The construction industry reported 248,000 job openings in January, according to an Associated Builders and Contractors analysis of data from the U.S....
Construction spending (not adjusted for inflation) totaled $1.83 trillion in January at a seasonally adjusted annual rate, down 0.1% from the upwardly revised December rate and up...
WASHINGTON, March 1—National nonresidential construction spending increased by 0.3% in January, according to an Associated Builders and Contractors analysis of data published...
Two reports on construction starts in January point in different directions. Total construction starts in current dollars (i.e., not inflation-adjusted) slumped 27% from December...
Associated Builders and Contractors recently reported that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted...
Contractor input costs continue to divergeContractors’ input costs diverged widely in January, as one-month or year-over-year (y/y) increases in fuel, paving materials, gypsum,...
WASHINGTON, Feb. 16—Construction input prices rose 1.3% in January, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’...
