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ABC: Nonresidential Construction Spending Remains Near Record High

Construction Superintendent Magazine

National nonresidential construction spending decreased 0.3% Private nonresidential spending decreased 0.3%, while public nonresidential construction spending was down 0.2% Nonresidential construction spending fell for the second consecutive month in April but remains just 0.3% Census Bureau. higher over the past two years.

ABC 52
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ABC: Construction Input Prices Increase in April

Construction Superintendent Magazine

Construction input prices increased 0.5% Nonresidential construction input prices increased.6% Construction input prices jumped half a percentage point higher in April and have increased 3.5% over the first four months of the year,” said ABC Chief Economist Anirban Basu. 6% for the month.

ABC 52
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ABC Releases February Construction Spending Data

Construction Superintendent Magazine

National nonresidential construction spending declined 1 % in February, according to an Associated Builders and Contractors analysis of data published by the U.S. Private nonresidential spending fell 0.9%, while public nonresidential construction spending was down 1.2% Census Bureau. in February.

ABC 52
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ABC: Construction Materials Prices Increase 0.4%

Construction Superintendent Magazine

Construction input prices increased 0.4% Nonresidential construction input prices also increased 0.4% Both overall and nonresidential construction input prices are 1.7% The post ABC: Construction Materials Prices Increase 0.4% appeared first on Construction Superintendent. for the month.

ABC 52
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2024 Construction Workforce Shortage Tops Half Million, Says ABC

Construction Superintendent Magazine

The construction industry will need to attract an estimated 501,000 additional workers on top of the normal pace of hiring in 2024 to meet the demand for labor, according to a proprietary model developed by Associated Builders and Contractors. ABC estimates that the U.S.

ABC 52
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March Construction Job Openings Show Volatility, Decreasing By 182,000, Says ABC

Construction Superintendent Magazine

The construction industry had 274,000 job openings on the last day of March, according to an Associated Builders and Contractors analysis of data from the U.S. Construction job openings plunged in March, falling to the lowest level since October 2020,” said ABC Chief Economist Anirban Basu.

ABC 52
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ABC: Nonresidential Construction Adds 24,600 Jobs

Construction Superintendent Magazine

The construction industry added 39,000 jobs on net in March, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Nonresidential construction employment increased by 24,600 positions on net, with growth in all three subcategories. The construction unemployment rate fell to 5.4% in February.

ABC 52