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March Construction Input Prices Down Year-Over-Year for First Time Since August 2020, Still 39% Higher Than February 2020

Construction input prices increased 0.2% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices rose 0.4% for the month. Overall construction input prices are 0.9% lower than in March 2022, while nonresidential construction…

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Construction Adds 24,000 Jobs in February, Says ABC

The construction industry added 24,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 249,000 jobs, an increase of 3.2%. Nonresidential construction employment increased by 11,600…

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Construction Adds 25,000 Jobs in January

The construction industry added 25,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 294,000 jobs, an increase of 3.9%. Nonresidential construction employment increased by 19,300…

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ABC 2022 Q3 Construction Economic Update & Forecast Webinar

Anirban Basu, chief economist for Associated Builders and Contractors, returns for an economic update for the third quarter of 2022 as he reviews the Construction Economic Update: both the general economy and construction-specific metrics in an accessible and entertaining presentation. Join this webinar to hear up-to-the-minute economic insights—from the latest…

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