ABC: Monthly Construction Economic Survey Shows Tariff Impacts Emerge

ABC: Monthly Construction Economic Survey Shows Tariff Impacts Emerge

WASHINGTON, April 15, 2025 (GLOBE NEWSWIRE) -- Associated Builders and Contractors reported today that its Construction Backlog Indicator rose to 8.5 months in March, according to an ABC member survey conducted March 20 to April 6. The reading is up…

Scotia Place construction hits new milestone, remains on track despite tariff concerns

Crews have started installing rebar panels and pouring concrete at the 10-acre site Scotia Place site.

Construction materials costs rise for third month on tariff pressures

Contractors are receiving price hike notices on several key inputs, complicating efforts to plan and budget new projects.

Mad world: The turbulent landscape of construction pricing

The construction industry, long seen as a bedrock of economic stability, is now caught in a whirlwind of unpredictable pricing, supply chain chaos, and ever-shifting tariffs. This volatile environment recalls the 1963 comedy film It’s A Mad, Mad, Mad, Mad World, where characters struggle to make sense of a bizarre, unpredictable quest. The film’s characters and their search resemble, those in the construction sector who are racing against time, …

Construction Materials Costs Rise for Third Month on Tariff Pressures – Construction Forum

From Construction Dive:  Construction input prices increased 0.5% in March, while nonresidential input prices climbed 0.6%, both unusually steep jumps, according to an analysis by Associated Builders and Contractors of U.S. Bureau of Labor Statistics data. Both overall and nonresidential input prices are now 0.8% higher than a year ago and sit more than 40% higher compared to February 2020, largely due to a sharp rise in natural gas, steel, copp…

Construction input prices up in March

March saw a 0.5% increase in construction input prices, according to the Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics' Producer Price Index data released last week.