Two reports on construction starts in January point in different directions. Total construction starts in current dollars (i.e., not inflation-adjusted) slumped 27% from December...
Signals and Signposts
The current and future economy, trends in design and construction, political influence – sometimes we have something to say about topics which may be signs of things to come.
Associated Builders and Contractors recently reported that its Construction Backlog Indicator declined 0.2 months to 9.0 in January, according to an ABC member survey conducted...
Contractor input costs continue to divergeContractors’ input costs diverged widely in January, as one-month or year-over-year (y/y) increases in fuel, paving materials, gypsum,...
WASHINGTON, Feb. 16—Construction input prices rose 1.3% in January, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’...
Nonresidential building projects in planningThe Dodge Momentum Index slid 8.4% in January after 10 consecutive monthly increases but climbed 32% year-over-year (y/y), Dodge...
Construction employment, pay rise in January; job openings set December record but spending slips
WASHINGTON, Feb. 1—The construction industry had 413,000 job openings in December, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau...
Seasonally adjusted construction employment rose from November to December in 30 states and the District of Columbia and declined in 20 states, according to AGC’s analysis...
Contractors’ input costs declined sharply, on balance, in December, as decreases in fuel, lumber, steel, and trucking costs outweighed increased prices for copper, aluminum, and...
