Tag: Anirban Basu

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ABC provides updates on construction employment, unemployment; nonresidential spending

February 8, 2024By

The Associated Builders & Contractors (ABC) report that construction employment was up in January and construction unemployment remained flat in December – both on year-over-year bases.

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ABC: Construction input prices decrease in December

January 12, 2024By

Construction input prices were down 0.6 percent in December, but remain 1.2 percent higher year-over-year, according to the Associated Builders & Contractors (ABC).

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ABC: Nonresidential spending down slightly in November

January 3, 2024By

National nonresidential spending was down 0.1 percent in November to $1.14 trillion according to the Associated Builders & Contractors (ABC).

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ABC: Manufacturing activity continues to drive nonresidential growth

December 4, 2023By

While manufacturing construction provided a boost in October, Anirban Basu, chief economist with the Associated Builders & Contractors (ABC) says commercial construction dipped sharply in the month.

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The latest on nonresidential spending, construction job openings

November 2, 2023By

The Associated Builders & Contractors reports that nonresidential construction spending was up 0.3 percent and job openings were up by 56,000 in September.

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Construction employment up in September; industry headwinds remain

October 10, 2023By

The Associated Builders & Contractors reports that construction employment in September was up by 217,000 jobs year over year and up 11,000 jobs from the prior month.

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Nonresidential spending up, construction job openings down in August

October 3, 2023By

The Associated Builders & Contractors reports that nonresidential construction spending was up 0.4 percent in August, while industry job openings were down by 3,000 in the month.

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Nonresidential construction spending sees minimal growth in July

September 5, 2023By

Private nonresidential spending increased 0.5 percent, while public nonresidential construction spending was down 0.4 percent in July, a net 0.1 percent gain for total nonresidential construction

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Photo: P&Q Staff

Nonresidential construction driving industry employment growth

September 1, 2023By

The Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000.

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