Tag: Anirban Basu
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ABC provides updates on construction employment, unemployment; nonresidential spending
Read More →: ABC provides updates on construction employment, unemployment; nonresidential spendingThe Associated Builders & Contractors (ABC) report that construction employment was up in January and construction unemployment remained flat in December –…
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ABC: Construction input prices decrease in December
Read More →: ABC: Construction input prices decrease in DecemberConstruction input prices were down 0.6 percent in December, but remain 1.2 percent higher year-over-year, according to the Associated Builders & Contractors…
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ABC: Nonresidential spending down slightly in November
Read More →: ABC: Nonresidential spending down slightly in NovemberNational nonresidential spending was down 0.1 percent in November to $1.14 trillion according to the Associated Builders & Contractors (ABC).
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Similar construction forecast expected for 2024
Read More →: Similar construction forecast expected for 2024As 2024 nears, industry economists share their thoughts on headwinds that could prevail from 2023 and what sectors could expand and contract.
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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…