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...
Contractors' bid prices dipped in May, while materials and service input costs were flat for the month, based on the latest producer price indexes (PPIs).
June 18, 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...
June 11, 2019
Construction spending totaled $1.299 trillion at a seasonally adjusted annual rate in April, equal to the upwardly revised March rate but down 1.2% from April 2018, the Census Bureau reported this week. The year-to-date total for January-April combined was 0.2% higher than in the same months of 2018.
June 05, 2019
The "value of new construction starts in April fell 15% [at] a seasonally adjusted annual rate, pulling back following the 16% hike that was reported in March," Dodge Data & Analytics reported on Wednesday.
May 24, 2019
Seasonally adjusted construction employment rose from April 2018 to April 2019 in 43 states and declined in seven states and the District of Columbia, an AGC analysis of Bureau of Labor Statistics data released on Friday showed.
May 22, 2019
Contractors appear to be closing the gap between rising input costs and bid prices, based on the latest Producer Price indexes (PPIs). 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—increased 1.4% in April from March and 5.6% year-over-year (y/y) from April 2018, the Bureau of Labor Statistics (BLS) reported on Thursday.
May 13, 2019
Nonfarm payroll employment in April increased by 263,000, seasonally adjusted, from March and by 2,620,000 (1.8%) year-over-year (y/y) from April 2018, the Bureau of Labor Statistics (BLS) reported.
May 06, 2019
Ken Simonson, chief economist for AGC of America, shares his weekly summary of economic news, especially those items most relevant to the construction industry.
May 01, 2019
Seasonally adjusted construction employment rose from March 2018 to March 2019 in 38states, declined in 11 states and the District of Columbia, and was unchanged in Nebraska, an AGC analysis of Bureau of Labor Statistics data released on Friday showed.
April 26, 2019
