Anirban Basu

Construction Spending Slows, Reflecting Economy’s Pace

Marcum LLP’s new Commercial Construction Index for the second quarter of 2019 shows that the reduction in expenditures is following the decreasing pace of U.S. economic growth.

Economy Watch: Construction Materials Costs Rising Rapidly

April saw the largest month-over-month increase in construction materials prices in almost three years and the largest year-over-year increase since October 2011, according to a recent Associated Builders and Contractors report.

Economy Watch: Prices for Construction Materials on the Rise

Prices for all 11 subcategories of construction inputs increased year-over-year, and only three saw monthly declines, according to the Associated Builders and Contractors.