Your source for construction industry news in the Carolinas
A fixture the in the Carolinas, Dr. Bruce Yandle released his quarterly Economic Situation Report. Yandle prospects for 2018 were positive. “These can be summarized in a simple statement: if you felt good about 2017, you should look forward to 2018,” he wrote. “In other words, don’t expect to see major changes in the nation’s…
Nonresidential construction spending rose 2.1 percent in October, totaling $717.6 billion on a seasonally adjusted basis, according to an Associated Builders and Contractors (ABC) analysis of data released by the U.S. Census Bureau. The level of spending, however, remains virtually unchanged from a year ago. Ten of the sixteen subcategories experienced positive growth, with educational…
Construction input prices rose 0.2 percent in June, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). This represents the sixth increase in construction input prices over the past seven months, but the overall rate of increase has been quite slow. On a year-over-year basis, construction…
