Your source for construction industry news in the Carolinas
WASHINGTON, Feb. 17,, 2021 — Construction input prices increased 2.5% in January 2021 compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 2.1% for the month. Construction input prices rose 4.8% from a year ago….
While the overall construction economy is strong, there have been mixed predictions about the industry going into 2019. One industry leading economist, Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine….
Construction activity increased across the country last month and boosted employment. National construction employment rebounded in August, adding 28,000 net new jobs on a seasonally adjusted basis, according to today’s release from the U.S. Bureau of Labor Statistics. It was the best month for job gains in construction since February, according to analysis by Associated…
Construction input prices increased 0.3 percent in July and are up 3 percent on a year-over-year basis, according to an Associated Builders and Contractors (ABC) analysis of data released today by the Bureau of Labor Statistics. Nonresidential construction input prices were in line with overall industry dynamics, increasing 0.3 percent for the month and 2.7…
Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). This represents the most rapid yearly growth in construction input prices in more than five years. Only…
