Nonresidential Construction Spending Slightly Dips in May
Key Takeaways
- National nonresidential construction spending down 0.6% in May 2022.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $832.5 billion for the month.
- "Many contractors continue to report that they are operating at capacity despite a lack of strong nonresidential construction spending
Total Construction Starts Inch Higher in April
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Nonresidential Construction Down .4% in April
Key Takeaways
- National nonresidential construction spending down 0.4% in April 2022.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $844.4 billion for the month.
- "Even though nonresidential construction spending levels are significantly short of what they were pre-pandemic, m
Nonresidential Construction Adds 19,400 Jobs in May
According to data released Friday by the US Bureau of Labor Statistics, the national construction industry added 36,000 jobs on net in May.
Key Takeaways
Construction Employment Adds 2,000 Jobs in April
According to data released today by the US Bureau of Labor Statistics, the national construction industry added 2,000 jobs on net in April.
Key Takeaways
Nonresidential Construction Down Almost 1% in March
Key Takeaways
- National nonresidential construction spending down 0.8% in March 2022.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $839.2 billion for the month.
- "Even though nonresidential construction spending levels are significantly short of what they were pre-pandemic, many contracto
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Proposed 2022 Davis-Bacon Act Changes Could Impact How Contractors Manage Prevailing Wages
Article written by Andy Holtmann on the Viewpoint blog.
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Nonresidential Construction Drops Slightly in February
Key Takeaways
- National nonresidential construction spending down 0.1% in February 2022.
- On a seasonally adjusted annualized basis, nonresidential spending totaled $844.5 billion for the month.
- "ABC’s Construction Confidence Index indicates that a growing number of contractors expect to trim their margins dur