Associated Builders and Contractors (ABC) reports its Construction Backlog Indicator rose to a 20-month high of 8.7 months in April, according to a member survey conducted April 22 to May 6.
Tag: tariffs
Input prices for new nonresidential construction rose 0.4 percent in March, following an upwardly revised gain of 0.6 percent in February.
Construction employment totaled 8,313,000 in March, a gain of 13,000 from February and 143,000 (1.8 percent) year-over-year, according to AGC.
In a webinar about steel and aluminum tariffs, experts from various sectors shared their perspectives on the implications of U.S. trade policies.
Construction input prices increased 0.6 percent and were impacted by tariffs in February, according to an ABC analysis.
Tariffs are just one dynamic that could affect the construction industry. Here are five ways President Trump’s policy agenda could affect construction and contracting from labor to energy costs.