Tag: slips
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Backlog slips as small construction firms lose ground
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog fell to 8.5 months in August, down from 8.8 months in July, according to an Associated Builders and Contractors survey conducted Aug. 20 to Sept. 3. Contractors with under $30 million in annual…
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Backlog slips as small construction firms lose ground
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Construction backlog fell to 8.5 months in August, down from 8.8 months in July, according to an Associated Builders and Contractors survey conducted Aug. 20 to Sept. 3. Contractors with under $30 million in annual…
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U.S. Construction Spending Slips in June as Housing, Office Projects Decline
U.S. construction spending fell to a seasonally adjusted annual rate of $2.13 trillion in June 2025, down 0.4% from May, according to Interact Analysis. Declines in private residential and commercial work outweighed gains in public infrastructure. Private residential construction dropped 0.7% to $883 billion, while office projects fell 1.4% to $86.8 billion. Manufacturing spending edged…
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Nonresidential construction spending slips for sixth time in seven months
Listen to the article 3 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: Nonresidential construction spending declined 0.1% in June to a seasonally adjusted annual rate of $1.241 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Friday. Private nonresidential construction fell…
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ABC: Nonresidential Construction Spending Slips Again in April Amid Economic Pressures
National nonresidential construction spending edged down 0.1% in April, according to the latest data from the U.S. Census Bureau, analyzed by Associated Builders and Contractors (ABC). On a seasonally adjusted annual rate, total spending in the sector reached $1.248 trillion. Six out of 16 nonresidential subcategories saw month-over-month declines. Private nonresidential construction dipped by 0.5%,…
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Construction spending slips as costs rise ahead of tariffs
Dive Brief: Nonresidential construction spending ticked down 0.2% in December to a seasonally adjusted annual rate of $1.24 trillion, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released Monday. Spending declined in nine of the 16 nonresidential subcategories on a monthly basis. Public nonresidential spending fell 0.5%, while private nonresidential…