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From the monthly archives: November 2016

We are pleased to present below all posts archived in 'November 2016'. If you still can't find what you are looking for, try using the search box.

Construction Input Prices Remain Flat in October

WASHINGTON, D.C., Nov. 16—Construction input prices remained unchanged in October and are just 0.5 percent above where they were a year ago, according to analysis of the U.S. Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Despite the modest increase in the aggregate input price level, today’s report represents the largest year-over-year price increase since November 2014. Generally, construction input prices, particularly natural gas and crude petroleum, have headed lower since the summer of 2014. However, that pattern of falling prices no longer holds. Crude petroleum prices were up 10.5 percent on a year-over-year basis in October while natural gas prices were up 12.2 percent. Read the rest of entry »

Construction Growth Modest in Jobs Report

WASHINGTON, D.C., Nov. 4—The U.S. construction industry added 11,000 net new jobs in October, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Industry employment increased 0.2 percent on a monthly basis and 3 percent on a yearly basis. Nonresidential construction employment added 3,300 net new jobs for the month and 56,200 net new jobs from October 2015. Read the rest of entry »

Nonresidential Construction Spending Down in September, but August Data Upwardly Revised

WASHINGTON, D.C., Nov. 1—Nonresidential construction spending fell 0.9 percent from August to September 2016, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $690.5 billion on a seasonally adjusted, annualized basis for the month, 0.7 percent below September 2015’s figure. Read the rest of entry »