Construction data provider ConstructConnect reported today that the value of construction starts, not adjusted for inflation or seasonal variation, declined 6.6% year-over-year (y/y) from January 2019 to last month.
Nonfarm payroll employment in January increased by 225,000, seasonally adjusted, from December and by 2,052,000 (1.4%) year-over-year (y/y) from January 2019, the Bureau of Labor Statistics (BLS) reported on Friday.
February 10, 2020
The employment cost index—a measure of compensation (wages, salaries and benefits, including required payments), which the Bureau of Labor Statistics (BLS) posted for the fourth quarter (Q4) of 2019, showed mixed results for the quarter and year.
February 03, 2020
Seasonally adjusted construction employment increased from December 2018 to December 2019 in 34 states and the District of Columbia and declined in 16 states, an AGC analysis of Bureau of Labor Statistics (BLS) data released on Friday shows.
January 29, 2020
For 2019 as a whole, the PPI for new nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—rose 3.8%, compared to 5.4% in 2018.
January 20, 2020
Nonfarm payroll employment in December increased by 145,000, seasonally adjusted, from November and by 2,108,000 (1.4%) for the year, BLS reported. The unemployment rate remained at November’s level of 3.5%, matching the 50-year low reached in September.
January 13, 2020
Construction spending totaled $1.324 trillion at a seasonally adjusted annual rate in November, up 0.6% from the upwardly revised October rate and up 4.1% year-over-year (y/y) from November 2018, the Census Bureau reported.
January 07, 2020
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...
December 23, 2019
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...
December 17, 2019
Construction spending patterns diverged in recent months, as declining multifamily and private nonresidential spending offset a surge in single-family homebuilding. Spending totaled $1.291 trillion at a seasonally adjusted annual rate in October, 0.8% below the September rate but up 1.1% year-over-year (y/y) from October 2018, the Census Bureau reported on Monday.
December 05, 2019
