Ken Simonson, chief economist for AGC of America, shares his weekly summary of economic news, especially those items most relevant to the construction industry.
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
The producer price index (PPI) for final demand in March, not seasonally adjusted, increased 0.7% from February and 2.2% year-over-year (y/y) from March 2018, the Bureau of Labor Statistics (BLS) reported on Thursday.
April 19, 2019
Nonfarm payroll employment in March increased by 196,000, seasonally adjusted, from February and by 2,499,000 (1.7%) year-over-year (y/y) from March 2018, the Bureau of Labor Statistics (BLS) reported Friday.
April 08, 2019
Construction spending totaled $1.320 trillion at a seasonally adjusted annual rate in February, up 1.0% from the upwardly revised January estimate and up just 1.1% year-over-year (y/y) from February 2018, the Census Bureau reported today. Public construction spending jumped 3.6% for the month and 11% y/y.
April 03, 2019
Seasonally adjusted construction employment rose from February 2018 to February 2019 in 37states and declined in 13 states and the District of Columbia, an AGC analysis of Bureau of Labor Statistics data released today showed.
March 25, 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...
March 19, 2019
Nonfarm payroll employment in February increased by 20,000, seasonally adjusted, from January and by 2,509,000 (1.7%) year-over-year (y/y) from February 2018, the Bureau of Labor Statistics (BLS) reported today. The unemployment rate was 3.8%, down from 4.0% in January and from 4.1% in February 2018.
March 11, 2019
Housing starts plummeted 11% at a seasonally adjusted annual rate from November (1,214,000 units) to December (1,078,000 units), the Census Bureau reported on Tuesday.
March 04, 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...
February 25, 2019
