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ABC Releases February Construction Spending Data

Construction Superintendent Magazine

National nonresidential construction spending declined 1 % in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Private nonresidential spending fell 0.9%, while public nonresidential construction spending was down 1.2% Census Bureau. in February.

ABC 52
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ABC: Construction Materials Prices Increase 0.4%

Construction Superintendent Magazine

Construction input prices increased 0.4% Nonresidential construction input prices also increased 0.4% Both overall and nonresidential construction input prices are 1.7% The post ABC: Construction Materials Prices Increase 0.4% appeared first on Construction Superintendent. for the month.

ABC 52
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ABC: Nonresidential Construction Adds 24,600 Jobs

Construction Superintendent Magazine

The construction industry added 39,000 jobs on net in March, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Nonresidential construction employment increased by 24,600 positions on net, with growth in all three subcategories. The construction unemployment rate fell to 5.4% in February.

ABC 52
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2024 Construction Workforce Shortage Tops Half Million, Says ABC

Construction Superintendent Magazine

The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors. ABC estimates that the U.S.

ABC 52
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ABC: Monthly Construction Input Prices Surge 1%

Construction Superintendent Magazine

Construction input prices increased 1% in January compared to the previous month, according to an Associated Builders and Contractors’ analysis of the U.S. Nonresidential construction input prices increased 0.9% Overall construction input prices are 0.4% Overall construction input prices are 0.4% for the month.

ABC 59
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ABC September Construction Backlog Indicator Dips

Construction Superintendent Magazine

Associated Builders and Contractors reported that its Construction Backlog Indicator declined to nine months in September, according to an ABC member survey conducted Sept. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for September. 20 to Oct.

ABC 52
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ABC: Nonresidential Construction Spending Falls Sharply in January

Construction Superintendent Magazine

National nonresidential construction spending decreased 0.4% Private nonresidential spending fell 0.1%, while public nonresidential construction spending was down 1.0% Healthcare construction decreased slightly from December to January, spending overall in this sector is up 13% from last January. Census Bureau. in January.

ABC 52