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Market Data | Jan 13, 2021

Contractor optimism improves as ABC’s Construction Backlog inches up in December

ABC’s Construction Confidence Index readings for sales, profit margins, and staffing levels increased in December.

Market Data | Jan 11, 2021

Turner Construction Company launches SourceBlue Brand

SourceBlue draws upon 20 years of supply chain management experience in the construction industry.

Market Data | Jan 8, 2021

Construction sector adds 51,000 jobs in December

Gains are likely temporary as new industry survey finds widespread pessimism for 2021.

Market Data | Jan 7, 2021

Few construction firms will add workers in 2021 as industry struggles with declining demand, growing number of project delays and cancellations

New industry outlook finds most contractors expect demand for many categories of construction to decline.

Market Data | Jan 5, 2021

Barely one-third of metros add construction jobs in latest 12 months

Dwindling list of project starts forces contractors to lay off workers.

Market Data | Jan 4, 2021

Nonresidential construction spending shrinks further in November

Many commercial projects languish, even while homebuilding soars.

Market Data | Dec 29, 2020

Multifamily transactions drop sharply in 2020, according to special report from Yardi Matrix

Sales completions at end of Q3 were down over 41 percent from the same period a year ago.

Market Data | Dec 28, 2020

New coronavirus recovery measure will provide some needed relief for contractors coping with project cancellations, falling demand

Measure’s modest amount of funding for infrastructure projects and clarification that PPP loans may not be taxed will help offset some of the challenges facing the construction industry.

Market Data | Dec 28, 2020

Construction employment trails pre-pandemic levels in 35 states despite gains in industry jobs from October to November in 31 states

New York and Vermont record worst February-November losses, Virginia has largest pickup.

Market Data | Dec 16, 2020

Architecture billings lose ground in November

The pace of decline during November accelerated from October, posting an Architecture Billings Index (ABI) score of 46.3 from 47.5.

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