News
Storms Suppress Nonresidential Construction Spending in October, Says ABC
National nonresidential construction spending decreased 0.4% in October, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.228 trillion. Spending was down on a monthly basis in 11 of the 16 nonresidential subcategories.…
Read More
ABC’s Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated
Associated Builders and Contractors reported today that its Construction Backlog Indicator fell to 8.4 months in October, according to a survey of its member contractors conducted Oct. 21 to Nov. 4. The reading is unchanged from October 2023. View the full Construction Backlog Indicator and Construction Confidence Index data series. Backlog…
Read More
ABC: Almost Half of State Construction Unemployment Rates Down From a Year Ago
The national September 2024 not seasonally adjusted construction unemployment rate was 3.7%, down 0.1% from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. The analysis also found that 24 states had lower construction unemployment rates over the same…
Read More
THANK YOU TO OUR YEARLONG SPONSORS
