One year after the pandemic struck, construction firms are experiencing soaring materials costs, widespread supply-chain problems, and continuing project deferrals and...
Signals and Signposts
The current and future economy, trends in design and construction, political influence – sometimes we have something to say about topics which may be signs of things to come.
Nonfarm payroll construction employment, seasonally adjusted, slumped in February by 61,000 to a four-month low of 7,340,000, the Bureau of Labor Statistics (BLS) reported...
Materials prices continued rising this week. Copper futures closed Thursday at $4.26 per pound, a nearly 10-year high and up 63% from a year ago. The national...
The gap between input costs for construction and contractors’ bid prices widened further in January. The producer price index (PPI) for nonresidential building construction—a...
Materials prices and delivery problems continue to rise sharply. One reader received a letter on Tuesday from a southern-based structural-steel distributor that reported that,...
Associated Builders and Contractors reported that its Construction Backlog Indicator rose to 7.5 months in January 2021, an increase of 0.2 months from its December 2020 reading,...
Nonfarm payroll construction employment, seasonally adjusted, slipped in January by 3,000 from a downwardly revised December total to 7,392,000, the Bureau of Labor Statistics (...
Seasonally adjusted construction employment in December trailed the pre-pandemic February level in 34 states, exceeded it in 15 states and the District of Columbia, and held...
The Houston area has regained a significant amount of the jobs it lost since last March, but recovery has been uneven between economic sectors and full recovery may not be...
