Construction spending indicators weaken: Part 2

This is the second of a two-part series examining US construction spending indicators. Part 1 looked at contractor backlog, project planning and construction starts.

Construction spending indicators offer a view of different points in the project cycle. Construction starts measure projects that have broken ground. Architecture billings provide a look further ahead. The Architectural billings Index (ABI) has historically led non-residential construction spending by roughly nine to 12 months.

Nicholas Bell

Nicholas brings over half a decade of experience covering metals markets, pricing trends, and supply chain dynamics. Prior to joining AMU, he reported on aluminum, high-temperature scrap, and ferro-alloy markets at Argus Media, with additional coverage of minor metals and rare earths. His work has built deep expertise in North American metals pricing and trade flows. A native of Houston, Nicholas holds a bachelor’s degree in Media Production and an MBA with a concentration in Finance, both from the University of Houston.

Nicholas Bell

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