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Tag: Nonresidential construction


News

Construction input prices drop for first time in 2024

June 13, 2024

Via: Construction Dive

Even with year-over-year price increases, project costs on the ground have largely remained stable, said Macrina Wilkins, senior research analyst with the Associated General Contractors of America. “[The PPI] release shows us that while some prices for construction materials have […]


Construction Processes, Financial

Public sector lifts nonresidential construction spending as private projects lag

May 1, 2024

Via: Construction Dive

In contrast, private sector nonresidential spending was uneven, said Ken Simonson, chief economist for the Associated General Contractors of America. Overall, private nonresidential spending dropped 0.2%. “Private nonresidential categories showed varied patterns, while multifamily construction continued to slip from record […]


Construction Processes, Financial

Nonresidential construction spending shrinks for first time in 11 months

July 5, 2023

Via: Construction Dive

Spending in the manufacturing sector ticked up 1% in May, and remains up more than 76% year over year. Meanwhile, office construction, which includes the booming data center sector, inched up close to 1% in May and remains up 6.7% […]


Construction Processes, Procurement

Material prices back on the rise

February 17, 2023

Via: Construction Dive

After December’s numbers posted lower results, Ken Simonson, chief economist at the Associated General Contractors of America, warned that lower costs could be short-lived. “Some prices have already turned higher in January,” Simonson said last month. “Contractors are right to […]


News

Nonresidential construction starts plunge 25%

December 21, 2022

Via: Construction Dive

Branch maintains a slowdown is to be expected, especially as the Federal Reserve continues to hike up interest rates. Still, he added the damage should be isolated to a few verticals and not as widespread as what the industry experienced […]


News

Nonresidential construction starts fall 14%; ABI outlook cloudy

July 21, 2022

Via: Construction Dive

Branch said construction indicators are likely to be more volatile than normal, particularly in the commercial sector. The downbeat nonresidential numbers, which helped drag all of construction down 5% in June, came on the heels of the Federal Reserve’s Beige […]


News

Nonresidential Construction Starts Trend Graphs – April 2022

May 18, 2022

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]


News

Nonresidential Construction Starts Trend Graphs – January 2022

February 21, 2022

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]


News

Nonresidential Construction Starts Trend Graphs – November 2021

December 15, 2021

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]


Sustainability

Recent slump in commercial investments expected to reverse

November 4, 2021

Via: Construction Dive

Other factors explaining why investment in nonresidential structures dropped during seven of the past eight quarters include pandemic-induced behavior changes. In other words, the pandemic has “undermined” several commercial real estate segments, such as reduced business travel and office space […]


News

Nonresidential Construction Starts Trend Graphs – September 2021

October 15, 2021

Via: ConstructConnect

Clichés are often true and it is the case that a picture can be worth a thousand words. Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher […]


News

Nonresidential Construction Starts Trend Graphs – August 2021

September 16, 2021

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]


News

Nonresidential Construction Starts Trend Graphs – July 2021

August 16, 2021

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]


Construction Processes, Financial

Nonresidential construction prices soar 23% year over year

August 13, 2021

Via: Construction Dive

ABC Chief Economist Anirban Basu pointed to several reasons for the escalation, including a rebounding economy, ongoing supply chain disruptions and limited productive capacity. “Many economists insist that the current situation is merely temporary; still, today’s input price increases can […]


News

Nonresidential construction spending falls again in June

August 2, 2021

Via: BDCNetwork

Demand for different types of construction continued to diverge in June as residential construction increased for the month and the year while nonresidential construction spending fell again, according to a new analysis of federal construction spending data the Associated General […]


News

Nonresidential Construction Starts Trend Graphs – May 2021

June 14, 2021

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]


News

Nonresidential construction spending decreases 0.5% in April

June 1, 2021

Via: Building Design + Construction

National nonresidential construction spending declined 0.5% 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 $786.2 billion for the month. Spending […]


News

April’s Nonresidential Construction Starts -5.9% M/M & -16.8% YTD

May 17, 2021

Via: ConstructConnect

ConstructConnect announced today that April 2021’s volume of construction starts, excluding residential work, was $31.5 billion, a decrease of -5.9% versus March 2021’s $33.4 billion (originally reported as $32.2 billion). The m/m pullback was entirely due to softness in nonresidential […]


News

Nonresidential construction outlays drop in March for fourth-straight month

May 4, 2021

Via: Building Design + Construction

Nonresidential construction spending fell to a two-year low in March as contractors struggled with slumping demand for most project types and growing shortages of materials, transport, and workers, according to an analysis of new federal construction spending data by the […]


Construction Processes, Interaction of Expertise

Nonresidential Construction Starts Trend Graphs – January 2021

February 16, 2021

Via: ConstructConnect

Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts. When the value of the current month is higher than for the same month a year ago, the line will turn up; when lower, it will dip. […]