ARTICLES

Employment in nonresidential construction sector softens

September 1, 2017
National construction employment growth remained tepid in July, with approximately 6,000 net new jobs added on a seasonally adjusted basis, according to an analysis of data from the U.S. Bureau of Labor Statistics. Read More

Nonresidential investment surges despite sluggish Q1

May 5, 2017
The U.S. economy’s performance slowed in the first quarter of 2017, but nonresidential fixed investment expanded at an impressive 9.4 percent seasonally adjusted annual rate, according to analysis of U.S. Bureau of Economic Analysis data. Read More

Nonresidential spending regains momentum to start year

March 4, 2016
Nonresidential construction spending crested the $700 billion mark on a seasonally adjusted annualized basis in January for the first time since March 2009, according to an analysis of U.S. Census Bureau data. Read More

Construction materials prices rise for first time in six months

March 20, 2015
The largest monthly gain in petroleum prices in more than three years caused construction materials prices to expand 0.4 percent in February, ending a six-month streak when prices failed to rise, according to the March 13 producer price index report from the U.S. Bureau of Labor Statistics. Read More

Construction backlog indicator reaches another all-time high

November 28, 2014
Associated Builders and Contractors Construction Backlog Indicator reached a new all-time high during the third quarter of 2014 at 8.8 months, eclipsing the previous all-time high of 8.5 months in the second quarter of 2014. Read More

Falling natural gas prices keep materials costs stable

September 19, 2014
Construction materials prices were unchanged in August but are 1.7 percent higher than this time last year, according to a Sept. 16 producer price index report by the Department of Labor. Read More

Construction materials prices up for fifth month in a row

May 16, 2014
Overall construction materials prices increased 0.4 percent in April and are up 1.5 percent year over year, according to the Producer Price Index released last week by the U.S. Department of Labor. Read More