Article written by Frédéric Guitton, Chief Strategy Officer, RedTeam Software on ConstructionExec.com.

According to data released last week by the US Bureau of Labor Statistics, the national construction industry lost 7,000 jobs on net in June.

Key Takeaways

Key Takeaways

• National nonresidential construction spending declined 0.7% in May 2021.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $784.5 billion for the month.
• “There is a significant gap between elevated levels of contractor confidence and still poor nonresidential constructi

Article written by Mike Sobolewski on ConstructionExec.com.

Key Takeaways

• National nonresidential construction spending declined 0.5% in April 2021.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $786.2 billion for the month.
• “The fact that nonresidential construction spending continues to decline is no surprise whatsoever.

According to data released last week by the US Bureau of Labor Statistics, the national construction industry lost 20,000 jobs on net in May.

Key Takeaways

Article written by Andy Holtmann on the Viewpoint blog.

The $2 trillion American Jobs Plan that is being placed before Congress is at the core of the latest 2021 infrastructure spending plans. Spending on this bill has been proposed over an eight year time period, funded by potential corporate tax increases and other measures spread across 15 years. Included in the $2 trillion package:

According to data released last week by the US Bureau of Labor Statistics, the national construction industry gained 0 jobs on net in April.

Key Takeaways

Key Takeaways

• National nonresidential construction spending declined 1.1% in March 2021.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $778.5 billion for the month.
• "The most recent readings suggest that the construction spending recovery will be slow over the near-term.