According to data released Friday by the US Bureau of Labor Statistics, the national construction industry added 16,000 jobs on net in August.

Key Takeaways

Key Takeaways

• National nonresidential construction spending increased 0.8% in July.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $847.6 billion for the month.
• "There were gains for the month for nearly every private nonresidential category, along with a jump in highway and transporta

Press release from Dodge Data and Analytics

Rise in commercial planning offsets dip in institutional activity

HAMILTON, N.J. – August 5, 2022 — The Dodge Momentum Index (DMI) increased 2.9% in July to 178.7 from the revised June figure of 173.6.

According to data released today by the US Bureau of Labor Statistics, the national construction industry added 32,000 jobs on net in July.

Key Takeaways

Key Takeaways

• National nonresidential construction spending down 0.5% in June 2022.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $829.4 billion for the month.
• "For now, many contractors remain busy and continue to operate at or near capacity.

According to data released today by the US Bureau of Labor Statistics, the national construction industry added 13,000 jobs on net in June.

Key Takeaways

Key Takeaways

• National nonresidential construction spending down 0.6% in May 2022.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $832.5 billion for the month.
• "Many contractors continue to report that they are operating at capacity despite a lack of strong nonresidential construction spending

• Read more about Total Construction Starts Inch Higher in April

Article by By Brett Moritz, Adrian Bastianelli III and Adam Handfinger posted on constructionexec.com.