“Construction input prices surged again in April,” said Anirban Basu, chief economist for Associated Builders and Contractors, regarding ABC’s analysis of Producer Price Index data published by the U.S. Bureau of Labor Statistics this...
Tag: tariffs
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.
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.



