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Ken Simonson's blog

AGC's Data DIGest: October 7-14, 2019

Bid prices again outpace input costs in September; job openings set record for August
Contractors' bid prices increased 0.2% from August to September, while materials and services input costs dipped 0.1% for the month, based on an AGC analysis of producer price indexes (PPIs) that the Bureau of Labor Statistics (BLS) posted on Wednesday. Read more » about AGC's Data DIGest: October 7-14, 2019

AGC's Data DIGest: Sept. 30-Oct. 4, 2019

Employment gains slow in August; AGC, ENR surveys find differing growth expectations
Nonfarm payroll employment in September increased by 136,000, seasonally adjusted, from August and by 2,147,000 (1.4%) year-over-year (y/y) from September 2018, the Bureau of Labor Statistics (BLS) reported today. Read more » about AGC's Data DIGest: Sept. 30-Oct. 4, 2019

AGC's Data DIGest: September 23-27, 2019

Starts slide in August, Dodge finds; report differ on materials cost in September

The value of "new construction starts dropped 6% over the month in August" at a seasonally adjusted annual rate from the rate in July, Dodge Data & Analytics reported on Monday. "August's decline breaks a string of three consecutive month-to-month gains. By major sector, nonbuilding construction fell 15% in August, reversing the large increases made in the previous month when several notable projects started. The declines in residential and nonresidential building were milder—falling 1% and 3% respectively in August.... Read more » about AGC's Data DIGest: September 23-27, 2019


AGC's Data DIGest: September 16-20, 2019

D.C., 39 states add construction jobs through August; ABI slides; housing starts surge

Seasonally adjusted construction employment increased from August 2018 to August 2019 in 39 states and the District of Columbia and declined in 10 states and was unchanged in Mississippi, Bureau of Labor Statistics data released show. Read more » about AGC's Data DIGest: September 16-20, 2019


AGC's Data DIGest: September 9-13, 2019

PPI for construction inputs stalls in August; job openings set another record in July
Contractors' bid prices inched up 0.1% from July to August, while materials and services input costs dipped 0.2% for the month, based on an AGC analysis of producer price indexes (PPIs) that the Bureau of Labor Statistics (BLS) posted on Wednesday Read more » about AGC's Data DIGest: September 9-13, 2019 .

AGC's Data DIGest: August 28-30, 2019

71% of metros add construction jobs in July; Dodge, NAHB, ACEC reports imply more growth
Construction employment, not seasonally adjusted, increased between July 2018 and July 2019 in 255 (71%) of the 358 metro areas (including divisions of larger metros) for which BLS provides construction employment data, fell in 56 (16%) and was unchanged in 47, according to an analysis AGC released on Wednesday Read more » about AGC's Data DIGest: August 28-30, 2019.

AGC's Data DIGest: August 12-27, 2019

Autodesk-AGC survey shows no letup in tight labor market; 40 states, D.C. add jobs

Filling craft positions and some salaried positions remains as great a challenge for contractors as it was a year ago, according to participants in the Autodesk-AGC of America 2019 Workforce Survey, released Tuesday. Read more » about AGC's Data DIGest: August 12-27, 2019


AGC's Data DIGest: August 5-9, 2019

'Bid price' PPI outpaces input cost increase in June; job openings set new record

Contractors' bid prices increased 0.6% from June to July, while materials and services input costs rose 0.2% for the month, based on the latest producer price indexes (PPIs) that the Bureau of Labor Statistics (BLS) posted Friday. Read more » about AGC's Data DIGest: August 5-9, 2019


AGC's Data DIGest: July 29-Aug. 2, 2019

Employment gains slow in July; spending slips in June; wage gains show little change

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 expert analysis of what's happening in our industry. Read more » about AGC's Data DIGest: July 29-Aug. 2, 2019