National nonresidential construction spending decreased .5% in March, 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...
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It’s been a wild and confusing ride for the Inflation Reduction Act (IRA) since President Donald Trump took office. The 2022 IRA legislation, with its focus on electrification and energy efficiency, had a significant impact on HVAC manufacturing...
Read more Construction input prices increased 0.5% in March, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 0.6% for the month...
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National nonresidential construction spending decreased .2% in December 2024, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential...
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National nonresidential construction spending decreased 0.4% in October, 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...
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“A new trend in nonresidential construction is emerging, and it’s not a good thing,” said ABC Chief Economist Anirban Basu. “Despite a bevy of megaprojects in certain parts of the nation, overall nonresidential construction spending appears to...
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