Tag: Associated Builders and Contractors

Nonresidential construction spending stabilizes in August

Nonresidential construction spending expanded 0.5 percent in August, totaling $691.8 billion on a seasonally adjusted, annualized basis, according to an analysis of data from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Though this represents an improvement from July’s total ($688.2 billion), nonresidential spending remains 3.4 percent below its year-ago level.

Nonresidential construction spending down in July

Nonresidential construction spending fell 1.7 percent in July, totaling $688.4 billion on a seasonally adjusted, annualized basis, according to an analysis by Associated Builders and Contractors (ABC) of data released by the U.S. Census Bureau.

Nonresidential construction spending falls in 13 of 16 segments in April

Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis.

Construction job growth led by nonresidential sector, but remains tepid

National construction employment remained largely unchanged for the second consecutive month, adding 5,000 net new jobs on a seasonally adjusted basis in April.

ABC’s Construction Backlog Indicator fell to end 2016

Construction backlog fell by 4 percent during the last quarter of 2016, according to the latest Construction Backlog Indicator (CBI) released by Associated Builders and Contractors.

Nonresidential construction spending slips to start 2017

Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau data by Associated Builders and Contractors.

Latest News

Follow this informative guide by Geometricbox for contacting WordPress support