Tag: Anirban Basu
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ABC: Manufacturing activity continues to drive nonresidential growth
Read More →: ABC: Manufacturing activity continues to drive nonresidential growthWhile manufacturing construction provided a boost in October, Anirban Basu, chief economist with the Associated Builders & Contractors (ABC) says commercial construction…
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Navigating tricky economic terrain
Read More →: Navigating tricky economic terrainHigh interest rates and slower economic growth will put increasing pressure on construction and manufacturing in 2024.
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The latest on nonresidential spending, construction job openings
Read More →: The latest on nonresidential spending, construction job openingsThe Associated Builders & Contractors reports that nonresidential construction spending was up 0.3 percent and job openings were up by 56,000 in…
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Construction employment up in September; industry headwinds remain
Read More →: Construction employment up in September; industry headwinds remainThe Associated Builders & Contractors report that construction employment in September was up by 217,000 jobs year over year and up 11,000…
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Nonresidential spending up, construction job openings down in August
Read More →: Nonresidential spending up, construction job openings down in AugustThe Associated Builders & Contractors report that nonresidential construction spending was up 0.4 percent in August, while industry job openings were down…
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Nonresidential construction spending sees minimal growth in July
Read More →: Nonresidential construction spending sees minimal growth in JulyPrivate nonresidential spending increased 0.5 percent, while public nonresidential construction spending was down 0.4 percent in July, a net 0.1 percent gain…
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Construction employment gains driven by nonresidential growth
Read More →: Construction employment gains driven by nonresidential growthThe Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000.
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Construction job openings down, labor scarcity remains
Read More →: Construction job openings down, labor scarcity remainsAnirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going…