Low existing inventory that is keeping demand solid for new homes helped to push builder confidence up in July even as the industry continues to grapple with rising mortgage rates, elevated construction costs and...
Construction input prices were unchanged in July relative to the previous month, according to an Associated Builders and Contractors analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction...
The construction industry added 19,000 jobs in July even as the sector’s unemployment rate increased, according to an analysis of new government data the Associated General Contractors of America. Association officials noted that...
The construction industry is grappling with the implications of rising interest rates, inflation and changing economic dynamics, according to Marcum’s 2023 National Construction Survey. The annual survey, conducted by Marcum, covers a...
Construction industry employment increased by 23,000 in June, according to an Associated Builders and Contractors analysis of data released July 7 by the U.S. Bureau of Labor Statistics. Industry employment has risen by 198,000...
Associated Builders and Contractors reported July 11 that its Construction Backlog Indicator remained unchanged at 8.9 months in June, according to an ABC member survey conducted June 20 to July 5. The reading is...
Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months. Builder confidence in the market for...
Total construction spending in May increased by 0.9% from April and 2.4% year-over-year as gains in manufacturing construction and single-family homebuilding offset a downturn in major infrastructure segments, according to a July 3 analysis...
The June 2023 Monthly Confidence Index for the Equipment Finance Industry, produced by Equipment Leasing & Finance Foundation, reports a qualitative assessment of both the prevailing business conditions and expectations for the future as...
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