Items Tagged with 'construction spending'

Nonresidential spending fell for the third consecutive month, according to ABC. 

ABC’s latest Construction Backlog Indicator shows an increase to 8.7 months, with confidence in sales and profits remaining strong, fueled in part by a data center construction surge.

While overall year-over-year price increases remain modest, rapid gains in early 2025 and looming tariff hikes signal rising pressure for contractors.

Surge in highway and street spending supports rebound for nonresidential spending.

The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year.

Public works and housing retreat, while nonresidential building stabilizes.

However, on a year-to-date basis, sales are up 2.8% from this time in 2017.

The June reading of 1.17 million is the number of housing units builders would begin if they kept this pace for the next 12 months.