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Nonresidential Construction Spending Contracts 0.6% in September, Says ABC

Construction Superintendent Magazine

National nonresidential construction spending contracted 0.6% It is not surprising that nonresidential construction spending declined in September,” said ABC Chief Economist Anirban Basu. The post Nonresidential Construction Spending Contracts 0.6% in September, Says ABC appeared first on Construction Superintendent.

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U.S. Economy Expands in Q2, Investment in Structures Contracts, Says ABC

Construction Superintendent Magazine

Investment in nonresidential structures, however, declined 7% for the quarter and has now contracted in six of the past seven quarters, according to an analysis by Associated Builders and Contractors of data released by the U.S. economy expanded at a 6.5% Bureau of Economic Analysis. and sales of services by 12%. and sales of services by 12%.

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­­­­­­ABC report shows non-residential construction spending increases in January

Construction Today

percent in January, according to the Associated Builders and Contractors (ABC) analysis of data published by the US Census Bureau, which translates to a 968.7 National non-residential construction spending increased by 0.3 billion dollar spend for the month.

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ABC?s Construction Backlog Indicator remains elevated in first quarter of 2018

BD+C

Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) contracted to 8.8 months during the first quarter of 2018, down 9% from the prior quarter. CBI is down 2% on a year-over-year basis.

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ABC: Construction Backlog Up In Every Category

Construction Equipment

The backlog of work that building companies have under contract increased in the first quarter of the year, showing that demand for construction services remains strong. Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) rose to 9 months during the first quarter of 2017, up 8.1

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US Construction Half a Million Workers Short

Construction Today

Fresh data released by the Associated Builders and Contractors (ABC) underscores the gravity of this shortfall, estimating a staggering deficit of 501,000 workers to satisfy existing demand. In recent years, the US construction sector has grappled with a formidable challenge: a significant dearth of proficient laborers.

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How Hensel Phelps Furthers Diversity & Women in the Workforce

Construction Business Owner

Read here for Choutka’s comments. .

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