WASHINGTON, July 28—The U.S. economy contracted at a 0.9% annualized rate in the second quarter of 2022, according to an Associated Builders and Contractors analysis of data...
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.
AGC posted a new edition of the Construction Inflation Alert, an 8-page document to help owners, public officials, and others understand what contractors are...
Contractors’ input costs rose faster than their bid prices from May to June but bid prices rose faster over the past 12 months, according to Bureau of Labor...
Construction input prices increased 1.9% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’...
Construction employment, seasonally adjusted, totaled 7,670,000 in June, an increase of 13,000 from May and 292,000 (4.0%) year-over-year (y/y) from June 2021, according to AGC’s...
Construction spending (not adjusted for inflation) totaled $1.78 trillion in May at a seasonally adjusted annual rate, down 0.1% from the upwardly revised April total but up 9.7%...
Seasonally adjusted construction employment in May topped the February 2020 level in 31 states, lagged in 17 states and the District of Columbia, and was flat in Arkansas and...
Contractors’ bid prices rose at roughly the same rate as their input costs for the first time since September 2020, according to Bureau of Labor Statistics data posted ...
The construction industry added 36,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released June 3 by the U.S. Bureau of Labor...
