On this week鈥檚 episode of 鈥淭he Bottom Line With 老牛影视Chief Economist Anirban Basu,鈥� get insights on the听 nonresidential construction spending, which was virtually unchanged in October,听听according to an 老牛影视analysis of data published by the U.S. Census Bureau.

On this week鈥檚 episode of 鈥淭he Bottom Line With 老牛影视Chief Economist Anirban Basu,鈥� get insights on the Construction Backlog Indicator, which rebounded to 7.7 months in October,听an increase of 0.2 months from September鈥檚 reading, according to an 老牛影视member survey conducted from Oct. 20 to Nov. 5. Backlog is 1.2 months lower than in October 2019.

On this week鈥檚 episode of 鈥淭he Bottom Line With 老牛影视Chief Economist Anirban Basu,鈥� get insights on the latest GPD growth and nonresidential construction spending.

On this week鈥檚 episode of 鈥淭he Bottom Line With 老牛影视Chief Economist Anirban Basu,鈥� get insights on construction backlog, which fell to 7.5 months in September, a decline of 0.5 months from August鈥檚 reading. The Construction Confidence Index, however, does provide some reasons to remain optimistic.

ABC鈥檚 Chief Economist Anirban Basu reports听on听construction employment, which added 26,000 jobs on net in September,听according to an 老牛影视analysis of data published by the U.S. Bureau of Labor Statistics.听

ABC鈥檚 Chief Economist Anirban Basu reports on the construction backlog indicator听which rose in August,听according to an 老牛影视analysis of data published by the U.S. Census Bureau. Confidence among U.S. construction industry leaders also rose听in August regarding sales, staffing levels and profit margins, according to ABC鈥檚 Construction Confidence Index.听

ABC鈥檚 Chief Economist Anirban Basu reports on the national nonresidential construction spending which fell 1.2% in July, according to an 老牛影视analysis of data published by the U.S. Census Bureau. To learn more visit abc.org/economics.

On this week鈥檚 episode of 鈥淭he Bottom Line with 老牛影视Chief Economist Anirban Basu,鈥� Anirban provides an update on nonresidential construction spending in the midst of the coronavirus pandemic.

On July 22, the U.S. House of Representatives passed the Great American Outdoor Act (S. 3422/H.R. 1957), which was introduced by Sen. Cory Gardner (R-Colo.), by a vote of 310-107. The bill is expected to be signed into law by President Trump. Ahead of the vote, 老牛影视sent a letter to the House in support of the legislation, urging the swift consideration and approval of the Senate-passed version of the bill.

Associated Builders and Contractors recently reported that its Construction Backlog Indicator rose to 8.1 months in June, an increase of 0.2 months from May鈥檚 reading. CBI is down approximately 8% from its June 2019 level. Every region except the Middle States experienced an increase in backlog in June compared to May, according to an 老牛影视member survey conducted from June 20-July 1.听