Nonresidential Construction Spending Increases in September
Key Takeaways
- National nonresidential construction spending increased 0.5% in September.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $883.9 billion for the month.
- “Contractors that focus on public construction work stand to be in far better shape given recent federal legislation and
Nonresidential Construction Adds 13,100 Jobs in September
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 19,000 jobs on net in September.
Key Takeaways
Nonresidential Construction Spending Down 0.4% in August
Key Takeaways
- National nonresidential construction spending decreased 0.4% in August.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $859.3 billion for the month.
- “Federal officials can shore up slowing demand for construction by moving more quickly to fund new projects.
New Federal Bills with Significant Construction Impacts
Two new bills signed into law in August will positively impact construction industry projects.
The Inflation Reduction Act of 2022 includes:
Nonresidential Construction Adds 4,300 Jobs in August
According to data released Friday by the US Bureau of Labor Statistics, the national construction industry added 16,000 jobs on net in August.
Key Takeaways
Nonresidential Construction Spending Increases .8% in July
Key Takeaways
- National nonresidential construction spending increased 0.8% in July.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $847.6 billion for the month.
- "There were gains for the month for nearly every private nonresidential category, along with a jump in highway and transporta
Dodge Momentum Index Moves Higher In July
Press release from Dodge Data and Analytics
Rise in commercial planning offsets dip in institutional activity
HAMILTON, N.J. – August 5, 2022 — The Dodge Momentum Index (DMI) increased 2.9% in July to 178.7 from the revised June figure of 173.6.
Nonresidential Construction Adds 18,300 Jobs in July
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 32,000 jobs on net in July.
Key Takeaways
Nonresidential Construction Spending Falls Slightly in June
Key Takeaways
- National nonresidential construction spending down 0.5% in June 2022.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $829.4 billion for the month.
- "For now, many contractors remain busy and continue to operate at or near capacity.
Nonresidential Construction Adds 16,500 Jobs in June
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 13,000 jobs on net in June.
Key Takeaways