What’s ahead with steel pricing
As labor and shipping costs continue to rise, economists expect gradual increases in the price of steel this year.
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Optimistic outlook for construction in coming months
Dodge Construction Network’s Richard Branch expects a bounceback second quarter and remainder of 2022 despite continued headwinds.
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ABC: Construction backlogs up, confidence down among contractors in April
The Associated Builders & Contractors (ABC) say its Construction Backlog Indicator was up in April while its Construction Confidence Index dipped.
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ABC: Construction backlogs up, confidence down in March 2022
The Associated Builders & Contractors’ Construction Backlog Indicator was up while the Construction Confidence Index was down in March.
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Dodge: Construction starts up 9 percent in February
Dodge Construction Network says large manufacturing projects broke ground in February, offsetting weakness elsewhere, as construction starts grew.
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AGC: Nonresidential construction materials prices up 21 percent
Prices of construction materials used in new nonresidential construction jumped more than 21 percent from February 2021 to February 2022.
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AGC: Construction employment down in January 2022
The Associated General Contractors of America (AGC) says this dip comes amid a record rise in wages, falling unemployment and labor shortages.
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Report: Materials prices up 20 percent in 2021
Officials from the Associated General Contractors of America (AGC) say impending and existing tariffs on construction materials will exacerbate inflation.
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Supply chain bottlenecks, materials prices still causing issues
Construction employment slipped by 20,000 in May as supply chain problems and record materials cost increases continue to plague nonresidential contractors.
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