News

Construction spending will continue to expand over the next year-and-a-half, but at a more “tempered” pace than before, according to the American Institute of Architects’ semi-annual Consensus Construction Forecast.

The Architectural Billings Index had its fifth straight month of increases — although the score dropped from 52.6, down from 53.1 the previous month.

Construction employment was unchanged in June, according to an analysis by the Associated General Contractors of America (AGC).

It’s glass-half-empty/glass-half-full time in the analysis of May construction spending conducted by the Associated General Contractors of America (AGC).

In May the Architectural Billings Index hit 53.1, a considerable rise from April’s score of 50.6 — its highest level in the past 12 months.

Construction employment declined for a second straight month in May, dropping by 15,000 jobs, according to an analysis by the Associated General Contractors of America (AGC). (April employment, initially reported as showing an increase of 1,000 jobs, was revised downward to show a 5,000-job drop.)

The Architectural Billings Index for April is 50.6, down from the mark of 51.9 in March but still representing an increase.

Construction employment in April reached its highest level since December 2008 but only increased by 1,000 jobs, according to an analysis by the Associated General Contractors of America (AGC).

Construction spending in March was up slightly over February — and up 8 percent from a year earlier — to reach its highest level since October 2007, according to an analysis by the Associated General Contractors of America (AGC).