
Nonresidential Construction Spending Contracts in Six of Past Seven Months
By ABC
August 5, 2025
WASHINGTON, Aug. 1—National nonresidential construction spending decreased 0.1% in June, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 tri...

How Contractors Can Navigate Growth Amid Higher Costs and a Tight Labor Market
By Ben Johnston
July 30, 2025
Contractors today face a number of challenges: residual effects of ongoing inflation and elevated cost of capital due to a higher interest rate environment; the impact of tariffs driving up the cost of materials; and a tight labor market making it challenging to hire skilled work...

Construction Futures: July 2025 Economic Roundup
By Construction Executive
July 28, 2025
What We Learned in July
Construction spending has been declining for several months, yet industrywide employment continues to grow, backlog increased in June and ABC members remain relatively confident about the future. Despite that optimism, the industry faces many headwinds in...

'It’s Going to All Work Out for America': Anirban Basu on 2025 Mid-Year Construction Economic Forecast
By Construction Executive
July 24, 2025
In the latest Construction Economic Update and Forecast webinar, expert economist Anirban Basu painted optimism over the current and future state of the construction economy under the effect of the Trump administration trade tariffs. The One Big Beautiful Bill is seemingly a posi...

June Nonresidential Construction Materials Prices Up 2.5% Year-Over-Year, 43% Since February 2020
By ABC
July 18, 2025
WASHINGTON, July 16—Construction input prices increased 0.2% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.3%...

Nonresidential Construction Spending Down 0.2% in May
By ABC
July 3, 2025
WASHINGTON, July 1—National nonresidential construction spending decreased 0.2% in May, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.237 tril...

Construction Futures: June 2025 Economic Roundup
By Construction Executive
June 27, 2025
What We Learned in June: Some Signs of Waning Momentum
Construction-specific economic data have started to flash a few signs of potential weakness. Both backlog and nonresidential construction spending declined for the month, and while nonresidential employment continues to grow...

Tariffed Construction Materials Prices Rise in May
By ABC
June 12, 2025
WASHINGTON, June 12—Construction input prices increased 0.2% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.3% ...

The Age of Uncertainty: Monitoring Construction Policy Shifts
By Anirban Basu
June 11, 2025
In both 2023 and 2024, American capitalism shrugged off higher borrowing costs as investors desperately sought higher rates of return. Certain segments, especially those pertaining or adjacent to artificial intelligence were especially strong, often taking the form of data center...

Nonresidential Construction Spending Dips 0.1% in April
By ABC
June 2, 2025
WASHINGTON, June 2—National nonresidential construction spending decreased 0.1% in April, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1....
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The construction industry holds firm and contractors remain optimistic despite all economic signs to the contrary.
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Construction Materials Prices Tame in April Despite Rising Iron and Steel Costs
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While overall construction input prices are slightly higher year over year, they inched down 0.1% in April compared to March.
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Nonresidential Construction Added Jobs in April Despite Headwinds
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Despite a slow in nonresidential construction spending, the sector added jobs in April.