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The construction industry added 60,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released March 4 by the U.S. Bureau of Labor
Construction employment climbed by 60,000 jobs between January and February as hourly pay rose at the steepest pace in nearly 40 years, according to an analysis by the Associated
National nonresidential construction spending was up 1.3% in January, according to an Associated Builders and Contractors analysis of data published March 1 by the U.S. Census Bureau. On a
The construction industry will need to attract nearly 650,000 additional workers on top of the normal pace of hiring in 2022 to meet the demand for labor, according to
Despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs and delaying projects.
Construction input prices rose 3.5% in January compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price
The not seasonally adjusted national construction unemployment rate plunged 4.6% in December 2021 from a year ago, down from 9.6% to 5%, while all 50 states had lower unemployment
National nonresidential construction spending fell 0.7% in December 2021, according to an Associated Builders and Contractors analysis of data published Feb. 1 by the U.S. Census Bureau. On a
Growing inflation concerns and ongoing supply chain disruptions snapped a four-month rise in builder sentiment even as consumer demand remains robust. Builder confidence in the market for newly built
