Tag: recession

ABC logo

ABC: Construction employment up in September

October 10, 2022 By

The Associated Builders & Contractors (ABC) says the construction industry gained 19,000 jobs in September, with nonresidential construction adding 13,100.

Read More
While rising interest rates are driving single-family construction into a recession, multifamily is thriving due to houses becoming more expensive. Photo: william87/iStock / Getty Images Plus /Getty Images

Basu: Economic uncertainty to continue into 2023

September 28, 2022 By

While Anirban Basu does not believe the U.S. is in a recession, the Associated Builders & Contractors’ chief economist says one is coming in 2023.

Read More
Photo: P&Q Staff

Recession on the horizon?

August 31, 2022 By and

Anirban Basu, chief economist for the Associated Builders & Contractors, says the U.S. is not currently in a recession but believes it will happen at some point.

Read More
ABC logo

Report: Economy, nonresidential construction down in second quarter

July 29, 2022 By

The U.S. economy contracted last quarter, and nonresidential spending is down in 10 of the last 11 quarters.

Read More
ABC logo

ABC: Nonresidential construction spending dips in May

July 6, 2022 By

Nonresidential construction spending was down 0.6 percent in May, according to an Associated Builders & Contractors (ABC) analysis of federal data.

Read More
FMI anticipates the next industry transactions that close will be driven first by buyer synergies. Photo: P&Q Staff

Plenty to keep tabs on within the aggregate industry

June 28, 2022 By

P&Q’s Kevin Yanik reflects on the business environment surrounding aggregates, presenting key takeaways from the Pit & Quarry Roundtable & Conference.

Read More
FMI Capital Advisors’ George Reddin delivered a construction materials market outlook June 8 at the Pit & Quarry Roundtable & Conference. The magazine hosted its annual event at Chateau Elan in Braselton, Georgia. Photo: P&Q Staff

What to watch as the rest of 2022 unfolds

June 22, 2022 By

FMI Capital Advisors’ George Reddin delivered a construction materials market outlook at this month’s Pit & Quarry Roundtable & Conference. Find out what he’ll be paying attention to.

Read More
Dodge Construction Network logo

Dodge Momentum Index eclipses previous high

June 14, 2022 By

Dodge Construction Network’s momentum index measuring nonresidential building projects in planning continues on its upward trajectory, increasing 7 percent last month to 176.2.

Read More
According to the National Bureau of Economic Research’s Business Cycle Dating Committee, a recession began in March of this year. Photo: claffra/iStock / Getty Images Plus/Getty Images

Redefining ‘recession’ and the case that it’s already over

July 22, 2020 By

A National Bureau of Economic Research committee strayed within recent weeks from the textbook definition of ‘recession,’ arguing that one began in March of this year. Dodge Data & Analytics’ Richard Branch offers some perspective on the committee’s rationale.

Read More