Nonresidential Construction Spending Decreased 0.2% in January
Key Takeaways
- National nonresidential construction spending decreased 0.2% in January.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.190 trillion for the month and is up year-over-year.
- "Some of this decrease is due to weather-related factors.
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Nonresidential Construction Employment Increases in January
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 11,000 jobs on net in January.
Key Takeaways
Nonresidential Construction Spending Increased 0.4% in December
Key Takeaways
- National nonresidential construction spending increased 0.4% in December.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.174 trillion for the month and is up year-over-year.
- "Nonresidential construction spending finished 2023 up more than 20%—the 19
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2024 Construction Update (AGC)
What’s the outlook in the coming election year? Positive? Negative? AGC’s chief economist and a host of other industry professionals are choosing from both columns of the menu.
Overall, says Ken Simonson, chief economist for AGC of America, the industry forecast in the coming year is positive.
Nonresidential Construction Employment Increases in December
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 17,000 jobs on net in December.
Key Takeaways
Nonresidential Construction Spending Dips 0.1%
Key Takeaways
- National nonresidential construction spending dipped 0.1% in November.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.143 trillion for the month and is up year-over-year.
- "Despite the monthly setback, spending is up an impressive 18.1% over the past
Nonresidential Construction Employment Increased by 1,400 in November
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 2,000 jobs on net in November.
Key Takeaways
Nonresidential Construction Spending Increases for 17th Straight Month
Key Takeaways
- National nonresidential construction spending increased 0.1% in October.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.1 trillion for the month and is up 20% year-over-year.
- "More than 45% of that year-over-year increase is due to surging construct
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