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The producer price index (PPI) for final demand in June, not seasonally adjusted, rose 0.4% from May and 3.4% year-over-year (y/y) from June 2017, the Bureau of Labor Statistics (BLS) reported on July 11. AGC posted tables and an explanation focusing on construction prices and costs.
Ken Simonson's picture
July 20, 2018
Nonfarm payroll employment in June increased by 213,000, seasonally adjusted, from May and by 2,374,000 (1.6%) year-over-year (y/y), the Bureau of Labor Statistics (BLS) reported today. The unemployment rate edged up to 4.0% from 3.8% in May. Construction employment rose by 13,000 for the month and 282,000 (4.1%) y/y to 7,222,000 (the most since May 2008 but 7% below the June 2006 peak).
Ken Simonson's picture
July 06, 2018
Housing starts in May increased 5.0% at a seasonally adjusted annual rate from the April rate and 20% from the May 2017 rate, the Census Bureau reported on Tuesday. Single-family starts rose 3.9% for the month and 18% year-over-year (y/y).
Ken Simonson's picture
June 25, 2018
Seasonally adjusted construction employment rose in 42 states and the District of Columbia year-over-year (y/y) from May 2017 to May 2018, declined in six states and was unchanged in Montana and Wyoming, an AGC analysis of Bureau of Labor Statistics (BLS) data released today showed.
Ken Simonson's picture
June 18, 2018
Nonfarm payroll employment in May increased by 223,000, seasonally adjusted, from April and by 2,363,000 (1.6%) year-over-year (y/y), the Bureau of Labor Statistics (BLS) reported on June 1. The unemployment rate dipped to an 18-year low of 3.8% from 3.9% in April. Construction employmentrose by 25,000 for the month and 286,000 (4.1%) y/y to 7,210,000 (the most since June 2008 but 7% below the May 2006 peak).
Ken Simonson's picture
June 11, 2018
Seasonally adjusted construction employment rose in 38 states and the District of Columbia year-over-year (y/y) from April 2017 to April 2018, declined in 11 states and was unchanged in Montana, an AGC analysis of Bureau of Labor Statistics (BLS) data released last Friday showed.
Ken Simonson's picture
May 22, 2018
The producer price index (PPI) for final demand in April, not seasonally adjusted, rose 0.1% from March and 2.6% year-over-year (y/y) from April 2017, the Bureau of Labor Statistics (BLS) reported on Wednesday. AGC posted tables and an explanation focusing on construction prices and costs.
Ken Simonson's picture
May 14, 2018
Editor’s note: Construction Citizen is proud to partner with AGC America to bring you AGC Chief Economist Ken Simonson's Data DIGest. Check back each week to get Ken's...
Ken Simonson's picture
April 23, 2018
The producer price index (PPI) for final demand in March, not seasonally adjusted, rose 0.5% from February and 3.0% year-over-year (y/y) from March 2017, the Bureau of Labor Statistics (BLS) reported on Tuesday. AGC posted tables and an explanation focusing on construction prices and costs. Final demand includes goods, services and five types of nonresidential buildings that BLS says make up 31% of total construction.
Ken Simonson's picture
April 16, 2018
Nonfarm payroll employment in March increased by 103,000, seasonally adjusted, from February and by 2,261,000 (1.5%) year-over-year (y/y) since March 2017, the Bureau of Labor Statistics (BLS) reported today. The unemployment rate remained at a 17-year low of 4.1% for the sixth month in a row.
Ken Simonson's picture
April 10, 2018