Construction Data

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Highlights

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Construction Job Openings Increased by 16,000 in February

April 2, 2024
The number of open, unfilled construction positions stood at the second highest level on record at the end of February.
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Nonresidential Construction Spending Decreases in 15 Out of 16 Segments in February

April 1, 2024
Virtually every nonresidential construction segment experienced a decline in spending in February.
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Construction Input Prices Increase 1.4% in February

March 14, 2024
Overall construction input prices are 1.5% higher than a year ago, while nonresidential construction input prices are 1.8% higher.

Skilled Labor Shortage Continues to Challenge Industry Despite Economic Gains

March 13, 2024
Marcum LLP releases annual analysis of the Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS).
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ABC’s Construction Backlog Indicator Down in February

March 12, 2024
All three index readings still remain above the threshold of 50, indicating expectations for growth over the next six months.
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Nonresidential Construction Employment Increased by 23,000 in February

March 8, 2024
On a year-over-year basis, industry employment has expanded by 215,000 jobs, an increase of 2.7%.
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Better, Not Bigger, Homes Among Top Design Trends for 2024

March 1, 2024
Builders are acting on this trend, with 38% indicating they built smaller homes in 2023 to help support home sales and 26% indicating they plan to build even smaller in 2024. ...
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Nonresidential Construction Spending Falls Sharply in January

March 1, 2024
On a seasonally adjusted annualized basis, nonresidential spending totaled $1.190 trillion.
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Monthly Construction Input Prices Surge 1% in January

Feb. 16, 2024
Nonresidential construction input prices increased 0.9% for the month.
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ABC’s Construction Backlog Indicator Slips in January

Feb. 13, 2024
All three index readings remain above the threshold of 50, indicating expectations for growth over the next six months.