Construction Data

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Highlights

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Construction Materials Prices Increase 0.4% in March

April 11, 2024
Both overall and nonresidential construction input prices are 1.7% higher than a year ago.
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Nonresidential Construction Adds Whopping 24,600 Jobs in March

April 9, 2024
On a year-over-year basis, industry employment has expanded by 270,000 jobs, an increase of 3.4%.
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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).
NAHB

Economic Outlook from the National Association of Home Builders' Meeting of the Members

March 4, 2024
Single-family starts will rise in 2024, but supply side challenges will persist.
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Rising Materials Costs Continue to Drive Engineering and Construction Costs Higher in February

March 4, 2024
Moderate step-up, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence.
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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.