Key Takeaways

• National nonresidential construction spending increased by 1.9% in April.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $1.05 trillion for the month.
• "Despite a slew of headwinds, including higher interest rates, prominent bank failures, a near-miss debt ceiling crisis a

According to data released today by the US Bureau of Labor Statistics, the national construction industry gained 15,000 jobs on net in April.

Key Takeaways

Key Takeaways

• National nonresidential construction spending increased by 0.7% in March.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $997.1 billion for the month.
• "Given the surprising resilience of construction activity in the face of ongoing interest rate increases and pervasive fe

Architecture firm clients place at least moderate priority on outcomes related to issues of health, resilience, and equity

Business conditions at architecture firms saw a slight improvement in March, following declining billings during the last five months. The AIA/Deltek Architecture Billings Index (ABI) score of 50.4 for the month indicates that a slight majority of firms reported an increase in their firm billings this month.

Original article written by Josh Mahan on constructionexec.com

According to data released Friday by the US Bureau of Labor Statistics, the national construction industry lost 9,000 jobs on net in March.

Key Takeaways

Key Takeaways

• National nonresidential construction spending increased by 0.4% in February.
• On a seasonally adjusted annualized basis, nonresidential spending totaled $982.2 billion for the month.
• "Importantly, almost all of the nonresidential sector’s momentum is attributable to manufacturing-related constru