Construction input prices remained unchanged in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices were also unchanged for the month. Overall construction input prices are 4.9% lower than…
National nonresidential construction spending expanded 1.9% in April, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.05 trillion. Spending strength was broad-based, rising in 13 of the 16 nonresidential subcategories on a…
The construction industry had 341,000 job openings in March, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job…
Construction input prices increased 0.2% in March, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released today. Nonresidential construction input prices rose 0.4% for the month. Overall construction input prices are 0.9% lower than in March 2022, while nonresidential construction…
The construction industry added 24,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 249,000 jobs, an increase of 3.2%. Nonresidential construction employment increased by 11,600…
The construction industry added 25,000 jobs on net in January, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 294,000 jobs, an increase of 3.9%. Nonresidential construction employment increased by 19,300…
Construction input prices fell 2.7% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also declined 2.7% for the month. Overall construction input prices are 7.9% higher than…
The construction industry added 28,000 jobs on net in December, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by 231,000 jobs or 3.1%. Nonresidential construction employment increased by 17,900 positions on…
Anirban Basu, chief economist for Associated Builders and Contractors, returns for an economic update for the third quarter of 2022 as he reviews the Construction Economic Update: both the general economy and construction-specific metrics in an accessible and entertaining presentation. Join this webinar to hear up-to-the-minute economic insights—from the latest…
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