economic indicator

By Associated Builders and Contractors Associated Builders and Contractors reports its Construction Backlog Indicator fell to 7.6 months in September, according to an ABC member survey conducted September 20th-October 4th. The reading is down 0.1 …

By RENTCafé  RENTCafé‘s most recent Apartment Construction Report ranks the Phoenix metro in third place for the projected number of units to be built by the end of year, an increase of 76 percent from 2020.  At national level, developers are …

Lumber prices have begun to settle after hitting a record high of $1,515/thousand board feet in May.  Prices fell to $472 in the first week of August, comparable to summer 2018 prices.  The adjustment has …

By Associated Builders and Contractors  Construction input prices rose 0.6 percent in July, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.8 percent for the month.  Construction input prices are …

By Associated Builders and Contractors National nonresidential construction spending declined 0.9 percent in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized …

By Rider Levett Bucknall International property and construction consultancy firm Rider Levett Bucknall has released its new Quarterly Cost Report for North America. With data current to mid-Q2 2021 and featuring construction cost information for …

By Associated Builders and Contractors Construction input prices rose 2.1 percent in February 2021, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input …

By Associated Builders and Contractors  National nonresidential construction spending declined 0.8 percent in December 2020, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $790.2B for …

By Associated Builders and Contractors Associated Builders and Contractors has reported its Construction Backlog Indicator rebounded modestly to 7.3 months in December, an increase of 0.1 months from November’s reading, according to an ABC member …

The recently released “Fourth Quarter 2020 North America Quarterly Construction Cost Report” from Rider Levett Bucknall showed increases in 11 of the 12 U.S. markets. From October, 2019 to October, 2020 Los Angeles saw the greatest annual …

By Associated Builders and Contractors  The construction industry added 51,000 net new jobs in December, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. During the last eight months, the …

National nonresidential construction spending fell 1.6 percent in September, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, monthly spending totaled $794.3B.   Among the 16 nonresidential subcategories, 13 were down on …

Source: Associated Builders and Contractors  Construction input prices rose 0.8 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input …

Source: Associated Builders and Contractors  National nonresidential construction spending decreased by 1.8 percent in April, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled …

By BEX Staff for AZBEX   According to the latest biannual “RLB Crane Index” from construction monitoring and advisory firm Rider Levett Bucknall, cranes visible across the Phoenix skyline tripled coming into the first half of 2020.  “Tripling its cranes since …

Source: Associated Builders and Contractors Associated Builders and Contractors reported its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5 percent decline from October’s reading. “Nonresidential construction backlog has generally been trending …

Source: Associated Builders and Contractors National nonresidential spending increased 0.1 percent in October, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released. Total nonresidential spending for the month stood at …