Recession No More: 2025 Construction Economic Forecast Yields Positive Outlook
Article written by Grace Calengor on ConstructionExec.com.
No recession in 2025? Anirban Basu seems optimistic about the state of the construction economy at year's end.
Nonresidential Construction Employment Adds 4,700 Jobs in December
According to data released today by the US Bureau of Labor Statistics:
Nonresidential Construction Spending Decreased 0.1% in November
Key Takeaways
- National nonresidential construction spending decreased 0.1% in November.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.234 trillion for the month and is up year-over-year.
- "Construction activity was closely balanced between segments that expanded
2025 Forecast: Rate Cuts Expected to Boost Construction
Original article written by Alisa Zevin on enr.com
Nonresidential Construction Employment Adds 6,800 Jobs in November
According to data released today by the US Bureau of Labor Statistics:
Nonresidential Construction Spending Decreased 0.4% in October
Key Takeaways
- National nonresidential construction spending decreased 0.4% in October.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.228 trillion for the month and is up year-over-year.
- "The effects of these storms on construction spending dynamics should largel
Trimble Expands Access to Advanced Construction Project Management Capabilities with Free Version of ProjectSight Software
Nonresidential Construction Employment Adds 13,500 Jobs in October
According to data released today by the US Bureau of Labor Statistics:
Nonresidential Construction Spending Increased 0.1% in September
Key Takeaways
- National nonresidential construction spending increased 0.1% in September.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion for the month and is up year-over-year.
- "Spending accelerated in several publicly funded segments in September, inc
Damage Control: Major Rebuilds After Major Weather Events
Article written by David McMillin on ConstructionExec.com
Hurricanes, tornadoes, wildfires and more—each of these major weather events comes with different challenges, but they all share one common need: someone who knows how to rebuild.