A new analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data from the Associated Builders and Contractors (ABC) has show construction input to have decreased by 0.9% for the month of September. Nonresidential construction input prices also decreased 0.9% for the month. Prices of... View full entry

Construction input prices increased slightly by 0.1% in August, according to a recent Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.2% for the month. Overall construction... View full entry

Nationwide, construction input prices increased by 0.4% in July, according to a new analysis of the U.S. Bureau of Labor Statistics Producer Price Index by Associated Builders and Contractors (ABC). Nonresidential construction input prices also increased 0.4% for the month. Overall, construction... View full entry

Construction input prices fell by 0.3% in June, according to the latest Associated Builders and Contractors (ABC) analysis of the U.S. Bureau of Labor Statistics' Producer Price Index. For the month, Nonresidential construction input prices declined by 0.4%. Overall construction input prices are... View full entry

New analytic reporting on U.S. Bureau of Labor Statistics Producer Price Index data for May from the Associated Builders and Contractors (ABC) has documented an overall 0.9% decrease in construction input prices. For the month, nonresidential construction input prices fell by 0.8%. Overall... View full entry

The latest analysis of U.S. Bureau of Labor Statistics Producer Price Index data for April from the Associated Builders and Contractors (ABC) shows a 0.5% increase in construction input prices. For the month, nonresidential construction input prices increased by 0.6%. Overall construction and... View full entry

These readings come as a shock as the flattening of costs suggested that inflation was cooling. According to a separate analysis from the Associated General Contractors of America, a major increase in diesel fuel costs in August drove the overall increase in materials prices. The producer price... View full entry

New rental apartment construction in the United States is expected to top a 50-year high in 2023. According to a report by RentCafe, nearly 461,000 units are expected to be delivered across the U.S. this year, meaning that over the past three years, 1.2 million units will have been built and... View full entry

As noted by the chief economist for Associated Builders and Contractors (ABC), Anirban Basu, job openings, across all industries, are at the lowest level since March 2021, and the rate at which workers are quitting their jobs has returned to the pre-pandemic norm. The demand for construction... View full entry

The AIA has released what it describes as its “most comprehensive report on architecture firm compensation and benefits trends in 15 years.” The 2023 edition of the AIA Compensation & Benefits Report includes an analysis of how firms have addressed rising inflation, staff shortages, increased... View full entry

According to a recently released analysis of U.S. Bureau of Labor Statistics Producer Price Index data by Associated Builders and Contractors (ABC), construction input prices have fallen 0.9% in November from October readings. Additionally, nonresidential construction input prices fell 0.8% in... View full entry

The Dodge Construction Network has produced a forecast for the U.S. construction sector for 2023, in which it signals a slowdown across many typologies. Overall, the dollar value of construction starts will be $1.08 trillion, which, though unchanged from 2022, represents a 3% dip when adjusted for... View full entry

The proposed restroom would sit within a 150-square-foot enclosure within the town square, located in central San Francisco. While there are no designs for the project available, it is expected to be delivered by 2025. According to the city, the high price tag is meant to account for unexpected... View full entry

A leading economist in the AEC industry has warned that the United States' housing sector has entered a recession, with ramifications for homebuilding in the coming years. Robert Dietz, chief economist at the National Association of Home Builders (NAHB), made the comments at the National... View full entry

The latest Dodge Construction Network figures show a decline in construction starts by 9% after a July spike that was propelled mostly by the nonresidential and nonbuilding sectors.  Total starts now stand at an adjusted annual rate of $1.25 trillion. The August dip was caused by a 36%... View full entry