Building Ahead: Key Industry Insights from ABC Convention 2025
Despite economic uncertainty, a major downturn may not be on the horizon for the construction industry.
Nonresidential Construction Employment Adds 6,200 Jobs in February
According to data released today by the US Bureau of Labor Statistics:
Nonresidential Construction Spending Increased 0.1% in January
Key Takeaways
- National nonresidential construction spending increased 0.1% in January.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.248 trillion for the month and is up year-over-year.
- "Data center construction spending increased another 1.9% for the month, acc
Nonresidential Construction Employment Adds 4,400 Jobs in January
According to data released today by the US Bureau of Labor Statistics:
Nonresidential Construction Spending Decreased 0.2% in December
Key Takeaways
- National nonresidential construction spending decreased 0.2% in December.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion for the month and is up year-over-year.
- "Public sector nonresidential spending fell sharply in the last month of 20
Construction Stories Making Headlines
Here is a roundup of the construction stories in the headlines in the Mid-Atantic and Southern states this month:
Recession No More: 2025 Construction Economic Forecast Yields Positive Outlook
Article written by Grace Calengor on ConstructionExec.com.
No recession in 2025? Anirban Basu seems optimistic about the state of the construction economy at year's end.
Nonresidential Construction Employment Adds 4,700 Jobs in December
According to data released today by the US Bureau of Labor Statistics:
Nonresidential Construction Spending Decreased 0.1% in November
Key Takeaways
- National nonresidential construction spending decreased 0.1% in November.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.234 trillion for the month and is up year-over-year.
- "Construction activity was closely balanced between segments that expanded
2025 Forecast: Rate Cuts Expected to Boost Construction
CDP Partnerships
