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Construction input prices increased 2.6% in February compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data released today.
Retail Furniture News: Houzz Barometer Finds Positive Q1 2022 Outlook for Interior Designers, Expected Business Activity Indicator across the residential construction and design industry accelerates while backlogs increase.
Investment in nonresidential structures contracted at an annual rate of 7.3 percent during the third quarter of 2021 and has now contracted during seven of the past eight quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis. The overall economy expanded at a 2.0% annualized rate during the third quarter of 2021. Increases in private inventory investment, personal consumption expenditures, state and local government spending and spending on equipment drove GDP growth.
Weak March US Construction Spending Rebound Masks Nonresidential Construction’s Struggles Spending on residential construction continues to carry buckets of private and public nonresidential red ink, while the industry yearns for stimulus spending and infrastructure plans to revive commercial construction May 3, 2021 data: US Department of Commerce; graph: ForConstructionPros.com The value of U.S. construction put in place in March eked out 0.2% growth after falling 0.6% in February. Commerce Department estimates measured weaker than expected performance, as economists polled by Reuters ...
Construction contractors are looking for more women to join the industry.