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Nonresidential Construction Spending Increases 0.7 Percent in April
After a disappointing March, the nation’s nonresidential construction industry bounced back moderately in April, according to an analysis of a recent report from the U.S. Census Bureau by Associated Builders and Contractors (ABC). Nonresidential construction spending increased 0.7 percent in … Continue reading
First Quarter CBI Declines 1.1 Percent; Non-Res Activity Remains Sporadic
The Associated Builders and Contractors (ABC) reported its Construction Backlog Indicator (CBI) remained unchanged at eight months from the third quarter through the fourth quarter of 2012. However, it is up 2.4 percent compared to a year ago. CBI is … Continue reading
Nonresidential Fixed Investment Rises 2.1 Percent in First Quarter
Nonresidential fixed investment grew 2.1 percent in the first quarter of this year, with 3 percent growth in equipment and software investments partially offset by a 0.3 percent decrease in investment in structures, according to the April 26 report by … Continue reading
Construction Confidence Down for Second Half of 2012
Confidence in the U.S. construction market was down for the second half of 2012, according to the latest report from the Associated Builders and Contractors (ABC). ABC’s Construction Confidence Index (CCI) looks at three aspects of the U.S. nonresidential construction … Continue reading
