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Category: Construction Confidence Index

ABC’s Construction Backlog Slips Again in January; Contractor Confidence Inches Lower

15Feb
by Erika Walter  
0

WASHINGTON, Feb. 15—Associated Builders and Contractors reported today that its Construction Backlog Indicator declined to 8.0 months in January, according to an ABC member survey conducted Jan. 20 to Feb. 4. The reading is down 0.2 months from December 2021, but up 0.5 months from January 2021.

Nonresidential Construction Spending Declines in December, Says ABC

01Feb
by Erika Walter  
0

WASHINGTON, Feb. 1—National nonresidential construction spending fell 0.7% in December 2021, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $820.7 billion for the month.

U.S. Economy Grows in Fourth Quarter, But Investment in Structures Declines Again, Says ABC

27Jan
by Grace Austin  
0

WASHINGTON, Jan. 27—The U.S. economy grew at a 6.9% annualized rate in the fourth quarter of 2021, according to an Associated Builders and Contractors analysis of data released today by the Bureau of Economic Analysis. Investment in nonresidential structures decreased at an annual rate of 11.4% for the quarter and has now contracted in eight of the past nine quarters.

ABC’s Construction Backlog Slips in December; Contractor Confidence Continues to Improve

11Jan
by Erika Walter  
0

WASHINGTON, Jan. 11—Associated Builders and Contractors reports today that its Construction Backlog Indicator fell to 8.2 months in December, according to an ABC member survey conducted from Dec. 16 to Jan. 4. The reading is down 0.2 months from November 2021, but up 0.9 months from December 2020.

Nonresidential Construction Employment Up 27,000 in December, Says ABC

07Jan
by Erika Walter  
0

WASHINGTON, Jan. 7—The construction industry added 22,000 net jobs in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered slightly more than one million (92.1%) of the jobs lost during earlier pandemic stages.

Nonresidential Construction Spending Flat in November, Says ABC

03Jan
by Grace Austin  
0

WASHINGTON, Jan. 3—National nonresidential construction spending was virtually unchanged in November on a monthly basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $820.6 billion for the month.

ABC: Construction Backlog and Contractor Confidence Rebound in November

14Dec
by Erika Walter  
0

WASHINGTON, Dec. 14—Associated Builders and Contractors reports today that its Construction Backlog Indicator rose to 8.4 months in November, according to an ABC member survey conducted Nov. 19 to Dec. 3. The reading is up 0.3 months from October 2021 and 1.2 months from November 2020.

Nonresidential Construction Employment Rises in November, Says ABC

03Dec
by Erika Walter  
0

WASHINGTON, Dec. 3—The construction industry added 31,000 jobs on net in November, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 998,000 (89.7%) of the jobs lost during earlier pandemic stages.

Construction Input Prices See Largest Monthly Increase Since June, Says ABC

09Nov
by Erika Walter  
0

WASHINGTON, Nov. 9—Construction input prices increased 1.5% in October, 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 increased 1.4% for the month.

Construction Input Prices See Largest Monthly Increase Since June, Says ABC

09Nov
by Erika Walter  
0

WASHINGTON, Nov. 9—Construction input prices increased 1.5% in October, 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 increased 1.4% for the month.

 

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