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Your source for construction industry news in the Carolinas

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Construction Spending

Nonresidential Construction Spending Inches Up in August, Says ABC

by Associated Builders and Contractors on October 1, 2024

National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion. Spending was up on a monthly basis in 10 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.1%,…

Topics: Business, Contracting
Construction Spending

Construction Spending Slips 0.3 Percent In July With Decreases In Private Projects As New Survey Indicates Worker Shortages Are Worsening

by Associated General Contractors on September 4, 2024

Drop in Spending Likely Caused by the Fact 94 Percent of Construction Firms Report They are Having a Hard Time Finding People to Hire as Construction Spending Falls to an Annual Rate of $2.162 Trillion Construction spending slid 0.3 percent from June to July, pulled down by declines in private residential and nonresidential construction, according…

Topics: Business, Contracting
Construction Spending

Nonresidential Construction Spending Dips 0.2% in July

by Associated Builders and Contractors on September 3, 2024

National nonresidential construction spending decreased 0.2% in July, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.21 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.4%,…

Topics: Business, Contracting
Construction Spending

ABC: Nonresidential Construction Spending Dips 0.1% in November

by Associated Builders and Contractors on January 3, 2024

National nonresidential construction spending decreased 0.1% in November, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.143 trillion.  Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories. Private nonresidential spending…

Topics: Business, Contracting
Construction Spending, Economics

Nonresidential Construction Spending Continues to Increase in February, Says ABC

by Associated Builders and Contractors on April 7, 2023

National nonresidential construction spending increased 0.4% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month. Spending declined on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending…

Topics: Contracting
Construction Spending

Nonresidential Construction Spending Down 0.3% in October

by Associated Builders and Contractors on December 1, 2022

National nonresidential construction spending was down by 0.3% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $898.4 billion for the month. Spending was down on a monthly basis in seven of the 16 nonresidential subcategories….

Topics: Business, Contracting
ABC, Construction Spending

Construction Industry Booms and Costs Zoom

by Aprille Bell, Managing Partner, Construction & Real Estate, DHG on April 15, 2022

Nashville, Tennessee will always be known as “Music City, U.S.A.,” but with cranes sweeping the skyline and cones lining almost every thoroughfare, Nashville might also be called “Boomtown” right now. Like many other cities across the Southeast, businesses are moving to Nashville and families are following. More than 11,000 building permits were issued in the…

Topics: Featured
Construction Economics, Construction Spending, DHG Construction, Dixon Hughes Goodman

Nonresidential Construction Spending Drops Slightly in February, Says ABC

by ABC on April 1, 2022

National nonresidential construction spending was down 0.1% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $844.5 billion for the month. Spending was down on a monthly basis in 10 of the 16 nonresidential subcategories. Private…

Topics: Business, Contracting
ABC, Construction Spending

Dodge Momentum Index Recovers in September

by Dodge Construction Network on October 7, 2021

The Dodge Momentum Index gained 11% in September to 164.9 (2000=100) from the revised August reading of 148.0. The Momentum Index, issued by Dodge Construction Network, is a monthly measure of the initial report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The commercial…

Topics: Business, Contracting
Construction Spending, Dodge Momentum Index

Nonresidential Construction Spending Dips in August, Says ABC

by Associated Builders and Contractors on October 1, 2021

National nonresidential construction spending fell 0.4% in August, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. Nonresidential spending totaled $788.6 billion in August on a seasonally adjusted annualized basis, down 3.0% from August 2020.   Spending declined on a monthly basis in 10 of the 16…

Topics: Business, Contracting
ABC, Construction Spending

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What We’re Reading

  • Krispy Kreme sinks after 2025 forecast withdrawn
    Source: Business North Carolina Published on May 8, 2025
  • North Carolina offered $300M to lure 4,000-job factory. It went to Ohio instead
    Source: Raleigh Business Journal Published on May 8, 2025
  • AIRSYS Cooling Technologies breaks ground on $40M global HQ in Woodruff
    Source: Upstate Business Journal Published on May 8, 2025
  • Fortune 500 company plans $380M manufacturing project in Charlotte region
    Source: Charlotte Business Journal Published on May 8, 2025
  • PPG returns to Shelby with $380 million investment, 110 jobs
    Source: Business North Carolina Published on May 8, 2025

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