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Construction Employment Unchanged in April
According to data released last week by the US Bureau of Labor Statistics, the national construction industry gained 0 jobs on net in April.
Key Takeaways
Nonresidential Construction Spending Down 1.1% in March
Key Takeaways
- National nonresidential construction spending declined 1.1% in March 2021.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $778.5 billion for the month.
- "The most recent readings suggest that the construction spending recovery will be slow over the near-term.
Nonresidential Construction Spending Down 1.3% in February
Key Takeaways
- National nonresidential construction spending declined 1.3% in February 2021.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $789.5 billion for the month.
- "America is about to experience a massive resurgence in economic growth as vaccinations proceed.
Construction Adds 110,000 Jobs in March
According to data released last week by the US Bureau of Labor Statistics, the national construction industry gained 110,000 jobs on net in March.
Key Takeaways
Construction Employment Declines By 61,000 In February As Severe Weather Compounds Falling Demand For Nonresidential Projects
According to data released today by the US Bureau of Labor Statistics, the national construction industry lost 61,000 jobs on net in February.
Key Takeaways
Nonresidential Construction Spending Stabilizes in January 2021
Key Takeaways
- National nonresidential construction spending increased 0.9% in January 2021 but is down 5% year-over-year.
- On a seasonally adjusted annualized basis, spending totaled $799.1 billion for the month.
- “It is remarkable that overall nonresidential construction spending has stabilized recently despite the lingering impacts
Construction Outlook Diverges in 2021
Construction Sector Lost 3,000 Jobs In January
According to data released last week by the US Bureau of Labor Statistics, the national construction industry lost 3,000 jobs on net in January.
Key Takeaways
Nonresidential Construction Spending Declines in December
Key Takeaways
- National nonresidential construction spending fell 0.8% in December 2020.
- On a seasonally adjusted annualized basis, spending totaled $790.2 billion for the month.
- “Given weakened state and local government finances, public construction’s trajectory is not especially promising either.
Construction Sector Adds 51,000 Jobs In December
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 51,000 jobs on net in December.
Key Takeaways
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