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) 

Nonresidential Construction Spending Down in July

Source: Associated Builders and Contractors  National nonresidential construction spending fell 1.2 percent in July, 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 $809.1B for the month.  Of the 16 nonresidential subcategories, 10 were down on a monthly basis. Private nonresidential spending declined 1.0 percent while public nonresidential construction […]

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 […]

Nonres. Construction Employment Sees Record Drop

Source: Associated Builders and Contractors  The construction industry lost 975,000 jobs on net in April, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. This was the largest recorded decrease in construction jobs since the government began tracking employment in 1939, despite construction remaining an essential industry in much of the nation […]

ABC: Nonresidential Construction Spending Dips

Source: Associated Builders and Contractors  National nonresidential construction spending fell 0.1 percent in March and is up 2.0 percent compared to the same time last year, 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 $802.6B for the month.  Among 16 nonresidential subcategories, 12 […]

ABC: Nonresidential Const. Spending Up in Jan.

Source: Associated Builders and Contractors National nonresidential construction spending increased by 1.6 percent in January and is up 5.1 percent on a year-ago basis, 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 a record $806.9B in January. Private nonresidential […]

Construction Input Prices Rebound in July

Source: Associated Builders and Contractors Construction input prices expanded 0.8 percent in July but are down 0.6 percent year-over-year, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released. Nonresidential construction input prices also increased 0.8 percent for the month but have declined 0.3 percent […]

Nonres. Const. Maintains Momentum in Dec.

Source: Associated Builders and Contractors Nonresidential construction spending expanded 0.8 percent in December, totaling $720.4B on a seasonally adjusted basis, according to Associated Builders and Contractors’ analysis of data released by the U.S. Census Bureau. This represents the fifth consecutive month during which the pace of nonresidential spending has increased. Nonresidential spending expanded 0.1 percent […]

Const. Spending Rises in October; Flat YoY

Source: Associated Builders and Contractors Nonresidential construction spending rose 2.1 percent in October, totaling $717.6B on a seasonally adjusted basis, according to an Associated Builders and Contractors analysis of data released by the U.S. Census Bureau. The level of spending, however, remains virtually unchanged from a year ago. Ten of the sixteen subcategories experienced positive […]

Construction Down, Hiring Up, Experts Puzzled

By Roland Murphy for Arizona Builder’s Exchange Construction industry vicissitudes continue to leave pundits, experts and those who cover them scratching their heads. Last month, we asked for thoughts on some confusing trends and indicators in construction spending, unemployment and material costs. The gist of most responses was, “Good question. I don’t know either.” (AZBEX, […]