Economic News

2022 December

Dodge Momentum Index Continues to Climb in October

The Dodge Momentum Index issued by Dodge Construction Network improved 9.6% (2000=100) in October to 199.7 from the revised September reading of 182.2. During the month, the DMI continued its steady ascent, with the...

2022 December

Construction Adds Only 1,000 Employees in October

The construction industry added only 1,000 employees in October while it continued to boost wages for hourly workers as firms compete to hire from a small labor pool, according to an analysis by the...

2022 December

Construction Job Openings Increased by 36,000 in September

The construction industry had 422,000 job openings in September, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines...

2022 November

Billings Continue to Grow at Architecture Firms

Business conditions remained generally strong at architecture firms in August. The Architecture Billings Index score for the month ticked back up to 53.3 from 51.0 in July, as more firms reported an increase in...

2022 November

Equipment Finance Industry Confidence Eases in September

The Equipment Leasing & Finance Foundation’s September 2022 Monthly Confidence Index for the Equipment Finance Industry reveals that confidence in the equipment finance market is 48.7, a decrease from the August index of 50....

2022 November

Construction Adds 19,000 Employees in September

The construction industry added 19,000 employees in September as it boosted wages for hourly workers at the fastest rate in 40 years, according to an Oct. 7 analysis by the Associated General Contractors of...