Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December January 18, 2023 Overall construction input prices are 7.9% higher than a year ago, while nonresidential construction input prices are 7.6% higher.Read More
Commercial, Institutional, and Health Care Construction Drive ABC’s Backlog Indicator to Highest Level Since Q2 2019 December 19, 2022 The increase in backlog observed in November is largely attributed to contractors with under $30 million in revenue, which now have their highest level of backlog in over three years. Read More
Nonresidential Construction Spending Down 0.3% in October December 6, 2022 On a seasonally adjusted annualized basis, nonresidential spending totaled $898.4 billion for the month.Read More
Construction Job Openings Up 54,000 in August October 10, 2022 Construction workers quit their jobs at a faster rate than they were laid off or discharged for the 18th consecutive month in August.Read More
ACEC Research Institute Releases Findings of Q3 Engineering Business Sentiment Report August 29, 2022 Concerns over the economy worsen while workforce challenges persist.Read More
US Natural Gas Prices Fall to Lowest Number Since the 1970s September 19, 2019 IHS Markit forecasts average gas prices in 2020 at the Henry Hub will drop to $1.92 per million Btu. Read More