Tag: Associated Builders and Contractors Chief Economist Anirban Basu

Roadbuilding
Residential construction positioned for expansion, nonresidential will ‘limp along’
The Associated Builders and Contractors (ABC) reports that nonresidential construction spending fell 3.3 percent in January, with outlays decreasing to a seasonally adjusted annual rate of $572.1 billion, citing a March 1 report by the U.S. Census Bureau. Year over year, total nonresidential construction spending is up only 0.8 percent (unadjusted for inflation), according to […]
March 4, 2013
Home
‘Unexpected good news:’ Nonresidential construction spending up 1.6 percent
An Oct. 3 report by the U.S. Census Bureau shows that nonresidential construction spending, which includes both privately and publicly financed construction, was $553.1 billion in August, up 1.6 percent for the month and 0.1 percent higher from one year ago, according to the Associated Builders and Contractors. “[This] should be considered a bit of […]
October 11, 2011
Roadbuilding
‘Unexpected good news:’ Nonresidential construction spending up 1.6 percent
An Oct. 3 report by the U.S. Census Bureau shows that nonresidential construction spending, which includes both privately and publicly financed construction, was $553.1 billion in August, up 1.6 percent for the month and 0.1 percent higher from one year ago, according to the Associated Builders and Contractors. “[This] should be considered a bit of […]
October 3, 2011
Technology
ABC’s Construction Backlog Indicator (CBI) up 4 percent
Associated Builders and Contractors (ABC) reports that its Construction Backlog Indicator (CBI) for the first quarter of 2011 averaged 7.3 months, a 4 percent increase from 7.1 months during the fourth quarter of 2010, and up from 6.1 months, or an increase of 21 percent, from one year ago. CBI is a forward-looking indicator that […]
May 17, 2011
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