Construction Data

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Highlights

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Nonresidential Construction Spending Decreases in 15 Out of 16 Segments in February

April 1, 2024
Virtually every nonresidential construction segment experienced a decline in spending in February.
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Construction Input Prices Increase 1.4% in February

March 14, 2024
Overall construction input prices are 1.5% higher than a year ago, while nonresidential construction input prices are 1.8% higher.

Skilled Labor Shortage Continues to Challenge Industry Despite Economic Gains

March 13, 2024
Marcum LLP releases annual analysis of the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
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ABC’s Construction Backlog Indicator Down in February

March 12, 2024
All three index readings still remain above the threshold of 50, indicating expectations for growth over the next six months.
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Nonresidential Construction Employment Increased by 23,000 in February

March 8, 2024
On a year-over-year basis, industry employment has expanded by 215,000 jobs, an increase of 2.7%.

New Engineering Business Sentiment Report Finds Executives’ Optimism About the US Economy Growing

March 7, 2024
ACEC Research Institute Q1 2024 Engineering Business Sentiment Report finds respondents less likely to anticipate a recession than a year ago, still contending with business headwinds...
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Nonresidential Construction Spending Falls Sharply in January

March 1, 2024
On a seasonally adjusted annualized basis, nonresidential spending totaled $1.190 trillion.
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Monthly Construction Input Prices Surge 1% in January

Feb. 16, 2024
Nonresidential construction input prices increased 0.9% for the month.
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ABC’s Construction Backlog Indicator Slips in January

Feb. 13, 2024
All three index readings remain above the threshold of 50, indicating expectations for growth over the next six months.
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Half of State Construction Unemployment Rates Down in December 2023 From a Year Prior

Feb. 6, 2024
Analysis found that 25 states had lower unemployment rates over the same period, four were unchanged and 21 states were higher.