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US construction input prices now 8.9% higher than a year ago
Overall construction input prices in the US are now 8.9% higher than a year ago, while non-residential input prices are 8.8% higher
Data centre boom ‘masks weakness’ as US contractors see order backlog drop
US contractors reported a sharp drop in their order backlog in July, according to a new survey of Associated Builders and Contractors (ABC) members
More evidence that data centres are propping up US construction spending
Continued strong spending on data centre projects is masking weakness in other areas of the US construction sector
US contractors ‘unfazed’ by price rises as data centre boom continues
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US contractors enjoyed bigger backlogs and higher levels of confidence in March than they did in February, even as prices increase in the wake of the Iran war
US records slowest rate of construction hiring in February
Hiring in the US construction industry fell to the slowest rate on record, according to analysis by Associated Builders and Contractors (ABC)
Data centres hold up US order backlogs but contractor confidence slips
The ongoing data centre boom is helping some US contractors to maintain a strong order book but general confidence in the industry is starting to slip
Tariffs showing early impact on US construction
US construction confidence dipping amid tariff tumult
‘Uncertainty’ over construction inflation: What price rises do different regions face?
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Construction input prices surged in early 2024 and there may be more to come.
US construction job openings hit their highest level since 2022
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The number of construction job openings in the USA hit 459,000 on the final day of November 2023 – the highest level since the end of 2022.