Tag Archives: ABC

January Shows Dip in Nonresidential Construction Spending

Despite a 2-percent dip in nonresidential construction spending, nonresidential construction spending still sits 4.8 percent higher than a year ago, according to an Associated Builders and Contractors (ABC) analysis of U.S. Census Bureau data. The January decrease is the largest … Continue reading

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CBI Dips Slightly in Final Quarter of 2014

The Construction Backlog Indicator (CBI) declined 1 percent, or 0.1 months, in the fourth quarter of 2014, according to Associated Builders and Contractors (ABC). The backlog, however, ended the year at 8.7 months, still 4.4 percent higher than one year … Continue reading

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Construction Materials Prices Dip to Start New Year

Construction input prices failed to increase in January for the sixth consecutive month, according to a Producer Price Index analysis by the Associated Builders and Contractors (ABC). Prices dipped 2 percent in January, and on a year-over-year basis are down … Continue reading

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Nonresidential Construction Inputs Fall in December

Construction input prices dipped 1.4 percent in December and are down nearly 1 percent on a year-over-year basis, according to the recently released producer price index report from the U.S. Department of Labor. Inputs to nonresidential construction fell further, down … Continue reading

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Construction Employment Mostly Positive in November

The U.S. construction industry added 20,000 jobs in November, a quarter of which came in the nonresidential sector, according to the Bureau of Labor Statistics. October’s overall construction estimate was revised downward from 12,000 to 7,000 net new jobs, and … Continue reading

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October Nonresidential Construction Bounces Back

Nonresidential construction spending rebounded in October, increasing 1 percent on a monthly basis and 4.3 percent year-over-year, according to the U.S. Census Bureau. Spending for the month totaled $611.8 billion—up from September’s figure, which was revised to $605.8 billion from … Continue reading

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ABC’s Backlog Indicator Again Reaches All-Time High

While the backlog in construction was strong in the second quarter, it was even more robust in the third, according to the Associated Builders and Contractors (ABC). ABC’s Construction Backlog Indicator (CBI) reached a new all-time high during the third … Continue reading

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Spending in Nonresidential Construction Dips

Nonresidential construction spending slipped 1 percent in September but has still expanded 4.2 percent on a year-over-year basis, according to the U.S. Census Bureau. Spending for the month totaled $596.1 billion on a seasonally adjusted, annualized basis. “September’s drop in … Continue reading

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Contributions from Construction Industry Tint Red this Election Cycle

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Citizens throughout the United States are taking to the polls today for the 2014 midterm elections, and the construction industry is keeping its collective eye on the results. Among those interested are the industry’s top contributors to candidates, parties and … Continue reading

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Prices for Construction Materials Dip Slightly in September

Construction materials prices inched down 0.1 in September but are up 1.6 percent compared to the same time last year, according to the U.S. Department of Labor’s Producer Price Index. Prices for inputs to construction industries have remained unchanged from … Continue reading

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