The adjusted Fastener Distributor Index was 52.7, although modest improvement was seen in most metrics, according to the latest analysis.
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The deficit was $80.7 billion in December, up $1.4 billion from a revised $79.3 billion in November.
With significant upward revision in November and December, hundreds of thousands of more jobs were created than economists initially expected.
Year 2021 member sales were $58.5 billion, a 30% increase from 2020, with purchases by member companies from AD supplier partners up 39%.
But nonresidential construction spending fell 0.7%, according to an Associated Builders and Contractors data analysis.
The U.S. economy grew in the fourth quarter, but investment in nonresidential structures decreased at an annual rate of 11.4%.
Real GDP increased at an annual rate of 6.9% in the fourth quarter of 2021, according to the Bureau of Economic Analysis.
Census Bureau: Privately‐owned housing units authorized by building permits were 9.1% above the revised November rate.
An Associated Builders and Contractors analysis of Producer Price Index data shows prices increased over November.
The Producer Price Index for final demand increased 0.2% in December, the U.S. Bureau of Labor Statistics reported.
The seasonally adjusted Fastener Distributor Index of 56.2, was driven primarily by a lower employment index.
The industry added 22,000 net jobs in December, and the industry has recovered slightly more than 1 million of the jobs lost in 2020.
The deficit was $80.2 billion in November, up $13 billion from a revised $67.2 billion in October, according to the latest report.
Economic activity in the manufacturing sector grew in December, though the PMI dropped 2.4 points from November.
November 2021 construction spending was estimated at $1,625.9 billion, a 0.4% increase over the revised October estimate.
The international trade deficit was $97.8 billion in November, while exports were down $3.3 billion, according to a Census Bureau report.
Led by slower growth in production-related indicators, the Chicago Fed National Activity Index decreased to +0.37.
The Consumer Price Index has seen its largest 12-month increase in nearly four decades, according to recently released federal data.
Estimates of U.S. retail and food services sales for November were $639.8 billion, an 18.2% increase over the same period in 2020.
The U.S. Bureau of Labor Statistics says wholesale prices in November were up 9.6% from a year ago, the biggest 12-month jump since 2010.
