Items Tagged with 'ABC'

Despite June's overall decline, prices remain more than 7% higher than this time last year. 

Despite the drop, backlogs reported by contractors are still higher than they were in June 2025.

Overall construction spending fell year-over-year as data center construction continues to grow.

The construction industry added an estimated 11,000 positions, showing positive signs for economists. 

Despite a slight uptick in overall spending, many sectors' spending declined year-over-year.

Layoffs increased this month, suggesting a weakening market, says ABC economist.

Construction materials prices are rising again as copper, diesel, freight and labor costs squeeze supply chains despite resilient contractor confidence.

Can construction labor keep pace with the AI data center boom? Meta is investing $115 million to build its workforce pipeline.

Layoffs reached lowest number in April since 2022, with labor availability "unlikely to improve in the short term," said ABC economist. 

Residential, public work account for much of the increase.