Associated Builders and Contractors
Economy Watch: Construction Spending Up in Most States
An increase in construction activity adds to the income and potential growth of each state, noted Markstein Advisors’ Bernard Markstein, who prepared the latest Associated Builders and Contractors report.
Economy Watch: Nonresidential Sector Sees Employment Boost in September
This year’s hurricane season may help explain the growth in employment among nonresidential specialty trade contractors, who would have been hired to help with rebuilding efforts, noted Associated Builders and Contractors Chief Economist Anirban Basu.
Economy Watch: Construction Material Prices Still on the Rise
Demand for construction materials remains high in the U.S., with positive wealth expectations creating confidence in real estate developers, according to a recent Associated Builders and Contractors report.
Economy Watch: Nonresidential Construction Activity Still Brisk
The continued expansion in nonresidential fixed investment signals that growth in business outlays supports the ongoing economic recovery, according to Associated Builders and Contractors.
Economy Watch: CPI Stable in June
The cost of energy declined again in June, falling 1.6 percent, which offset an increase for all items besides food and energy, according to a recent Bureau of Labor Statistics report.
Construction Industry Backlog Up
The amount of construction work under contract but not yet completed rose to nine months, according to the Associated Builders and Contractors latest Construction Backlog Indicator, implying expanding demand for construction services, or a shortage of construction labor in a few markets.
Economy Watch Weekly: Job Creation Rebounds in April
The U.S. economy created 211,000 jobs in April, a nice improvement from the mere 79,000 jobs created the month before. Economy Editor Dees Stribling breaks down the job growth by sector.
Economy Watch: Construction Employment, Costs Pushing Upward
The March construction unemployment rate was the lowest on record, matching the 8.4 percent rate in March 2001, according to Markstein Advisors Chief Economist Bernard Markstein, who conducted the analysis for Associated Builders and Contractors.
Economy Watch: Office, Hotel Investment Has Recovered; Retail Has Not
In the first quarter of this year, non-residential investment increased at an annualized rate of 9.4 percent, according to Bureau of Economic Analysis data. And while the hotel and office sectors have more-or-less recovered to their pre-recession levels, the retail category is facing challenges.
Economy Watch Weekly: Is the CRE Industry Too Hot?
With total U.S. construction spending on the rise and student housing investment gaining ground, some CRE experts are wondering if the industry is overheated. Economy Editor Dees Stribling weighs in on this question and more.
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