November Construction Employment Up by 20,000
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 20,000 jobs on net in November.
Key Takeaways
Nonresidential Construction Spending Down 0.3% in October
Key Takeaways
- National nonresidential construction spending decreased 0.3% in October.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $898.4 billion for the month.
- “The only bright spot: the 0.6% increase in publicly financed nonresidential construction spending.
October Construction Employment Up by 1,000
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 1,000 jobs on net in October.
Key Takeaways
Nonresidential Construction Spending Increases in September
Key Takeaways
- National nonresidential construction spending increased 0.5% in September.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $883.9 billion for the month.
- “Contractors that focus on public construction work stand to be in far better shape given recent federal legislation and
Nonresidential Construction Adds 13,100 Jobs in September
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 19,000 jobs on net in September.
Key Takeaways
Nonresidential Construction Spending Down 0.4% in August
Key Takeaways
- National nonresidential construction spending decreased 0.4% in August.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $859.3 billion for the month.
- “Federal officials can shore up slowing demand for construction by moving more quickly to fund new projects.
New Federal Bills with Significant Construction Impacts
Two new bills signed into law in August will positively impact construction industry projects.
The Inflation Reduction Act of 2022 includes:
Nonresidential Construction Adds 4,300 Jobs in August
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
Nonresidential Construction Spending Increases .8% in July
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
Dodge Momentum Index Moves Higher In July
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.
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