Nonresidential Const. Spending Dipped in Sept.

National nonresidential construction spending fell 1.6 percent in September, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, monthly spending totaled $794.3B.   Among the 16 nonresidential subcategories, 13 were down on a monthly basis. Private nonresidential spending declined 1.5 percent in September, while public nonresidential construction spending was down 1.7 percent. (Source) 

Input Prices Up in May

Source: Associated Builders and Contractors  Construction input prices rose 0.8 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 0.8 percent for the month as well.  Of the 11 subcategories, only three experienced monthly decreases, with […]

April Nonresidential Construction Spending Drops

Source: Associated Builders and Contractors  National nonresidential construction spending decreased by 1.8 percent in April, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $801.8B for the month, a 0.9 percent increase from April 2019.  Of the 16 subcategories, 13 were down on a […]

Phoenix Cranes Up, Balanced Across Sectors

By BEX Staff for AZBEX   According to the latest biannual “RLB Crane Index” from construction monitoring and advisory firm Rider Levett Bucknall, cranes visible across the Phoenix skyline tripled coming into the first half of 2020.  “Tripling its cranes since the last Index, Phoenix is experiencing a balanced expansion of building sectors, with mixed–use, educational, hospitality, and tech projects all […]

ABC’s Const. Backlog Indicator Dips in Nov.

Source: Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5 percent decline from October’s reading. “Nonresidential construction backlog has generally been trending lower since the spring of 2019, but as a practical matter, this represents little cause for concern,” said ABC Chief […]

ABC: Nonresidential Spending Up Slightly in Oct.

Source: Associated Builders and Contractors National nonresidential spending increased 0.1 percent in October, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released. Total nonresidential spending for the month stood at $763.8B on a seasonally adjusted annualized rate, which represents a 7.3 percent increase over the same time last year. Thirteen […]