Associated Builders and Contractors
Construction Spending Booms Across the Board
Outlays are increasing at the biggest rate since before the Great Recession, according to the AIA’s new forecast.
Will CRE Construction Hold Steady in 2023?
This consensus index points to an uptick in the near term.
Economy Watch Weekly: US Economic Expansion Enters Third Cycle
Economy Editor Dees Stribling offers an outlook on the longest economic cycle in U.S. history, based on the Wells Fargo Investment Institute’s midyear analysis.
Economy Watch: Contractors Expect 2018 to Remain Strong
Despite macroeconomic challenges, nonresidential contractors are optimistic about prospects for the rest of the year, the Associated Builders and Contractors’ Construction Confidence Index shows.
Economy Watch: Construction Project Backlog Eases in First Quarter
The number of U.S. construction projects under contract has expanded since this time last year in most sectors, according to Associated Builders and Contractors.
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: Demand for Construction Workers Rises
Skilled labor is particularly in demand, and the sector’s unemployment rate was the lowest national March rate on record. Price increases for materials pose the greatest threat to the continued growth of construction activity.
Economy Watch Weekly: The Construction Sector’s Strength
New construction is showing no signs of slowing down this year, two recent industry reports noted. Economy Editor Dees Stribling delves into the construction industry’s performance, for the week ending March 16, 2018.
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.
Economy Watch: Construction Industry Gains Jobs, But Still Short Workers
The sector’s unemployment rate increased by 0.5 percent in November, now standing at 5 percent, according to the Associated Builders and Contractors latest report.