Economic News

2023 September

ABI June 2023: Firm Billings Remain Essentially Flat

Business conditions generally held steady at architecture firms in June, as the AIA/Deltek Architecture Billings Index score of 50.1 continued to indicate slight billings growth at firms. This also marked the first time since...

2023 September

Monthly Construction Input Prices Unchanged in July

Construction input prices were unchanged in July relative to the previous month, according to an Associated Builders and Contractors analysis of the latest U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction...

2023 August

Construction Employment Increased by 23,000 in June

Construction industry employment increased by 23,000 in June, according to an Associated Builders and Contractors analysis of data released July 7 by the U.S. Bureau of Labor Statistics. Industry employment has risen by 198,000...

2023 August

Builder Confidence Moves into Positive Territory in June

Solid demand, a lack of existing inventory and improving supply chain efficiency helped shift builder confidence into positive territory for the first time in 11 months.      Builder confidence in the market for...