Interest in using public-private partnerships (P3s) to fix the country’s failing infrastructure has steadily been growing. According to the American Society of Civil Engineers (ASCE) have estimated that an investment of $3.6 trillion is needed by 2020 to fix America’s infrastructure. The American Road & Transportation Builders Association (ARTBA) recently released their 2017 Bridge Report […]

The seasonally adjusted annual rate of construction spending for January 2017 was estimated at $1,180.3 billion, according to the latest report from the U.S. Census Bureau. This is 0.1% below the December 2016 estimate which has been revised up from $1,181.5 billion to $1,192.2 billion. November’s estimate was also revised up again from $1,184.4 billion […]

Despite posting the strongest score of 2016 in December, the Architecture Billings Index (ABI) slipped in January to a score of 49.5 indicating a small decline in billings. The ABI is a leading indicator for future nonresidential construction spending and activity. The average lead time is nine months to a year between billings and construction […]

The seasonally adjusted annual rate of construction spending for December 2016 was estimated at $1,181.5 billion, according to the latest report from the U.S. Census Bureau. This is 0.2% below November’s estimate which was revised up from up from $1,182.1 billion to $1,184.4 billion. October’s annual rate was revised back up from $1,171.4 billion to […]