AGC Data DIGest: Oct.19-Nov. 11, 2022
Construction employment, seasonally adjusted, totaled 7,721,000 in October, an increase of 1,000 from September and 266,000 (3.6%) year-over-year (y/y), according to AGC’s [node:read-more:link]
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Construction employment, seasonally adjusted, totaled 7,721,000 in October, an increase of 1,000 from September and 266,000 (3.6%) year-over-year (y/y), according to AGC’s [node:read-more:link]
Contractors' input costs declined again on balance in September, while bid prices rose, according to Bureau of Labor Statistics (BLS) data posted on October 12. [node:read-more:link]
Construction employment, seasonally adjusted, totaled 7,719,000 in September, an increase of 19,000 from the downwardly revised August rate and 292,000 (3.9%) year-over-year (y/y), according to AGC’s [node:read-more:link]
Construction spending (not adjusted for inflation) totaled $1.78 trillion in August at a seasonally adjusted annual rate, down 0.7% from the upwardly revised July rate but up 8.5% year-over-year (y/y), the Census Bureau reported [node:read-more:link]
Total construction starts in current dollars (that is, not adjusted for inflation) slumped 9% in July at a seasonally adjusted annual rate, Dodge Construction Network reported on Wednesday. [node:read-more:link]
Contractors’ input costs declined again on balance in August, while bid prices rose, according to Bureau of Labor Statistics (BLS) data posted on Wednesday. [node:read-more:link]
The Dodge Momentum Index slipped 1% in August from a downwardly revised July reading but jumped 17% year-over-year, Dodge Construction Network reported on Thursday. The index “is a monthly measure of the initial report for nonresidential building projects in planning, shown to lead construction spending for nonresidential buildings by a full year. [node:read-more:link]
Seasonally adjusted construction employment in July surpassed the February 2020 level in 33 states, lagged in 15 states and the District of Columbia, and was flat in Michigan and Ohio, according to AGC’s [node:read-more:link]
Contractors’ input costs declined on balance in July, while bid prices accelerated, according to Bureau of Labor Statistics (BLS) data posted on Thursday. [node:read-more:link]