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Ken Simonson's blog

AGC Data DIGest: Dec. 27, 2022-Jan. 5, 2023

Contractors are upbeat but less than a year ago, AGC-Sage survey finds; November spending rises

Contractors are generally optimistic about the outlook for nonresidential and multifamily construction in 2023, but optimism is less widespread than a year ago, based on the 2023 AGC-Sage Construction Hiring and Business Outlook Survey, which AGC  [node:read-more:link]


AGC Data DIGest: December 7-16, 2022

Input costs are mixed in November; 38 states add jobs; ConstructConnect, AIA data suggest slowing

Contractors’ input costs were mixed again in November, as decreases in fuel, lumber, steel, and aluminum costs outweighed increased prices for copper, glass, and trucking, according to Bureau of Labor Statistics (BLS) data posted on December 9. [node:read-more:link]


AGC Data DIGest: Sept. 26-Oct. 3, 2022

Homebuilding tumbles in August, other spending is mixed; steel, lumber prices and supplies improve

Construction spending (not adjusted for inflation) totaled $1.78 trillion in August at a seasonally adjusted annual rate, down 0.7% from the upwardly revised July rate but up 8.5% year-over-year (y/y), the Census Bureau reported [node:read-more:link]