Friday, June 3, 2022 9:21 AM
WASHINGTON, June 3—The construction industry added 36,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 283,000 jobs, an increase of 3.8%.
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Wednesday, June 1, 2022 11:34 AM
WASHINGTON, June 1—The construction industry registered 449,000 job openings in April, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Opening and Labor Turnover Survey. The JOLTS survey defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 23,000 last month and are up 120,000 from the same time last year.
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Wednesday, June 1, 2022 11:23 AM
WASHINGTON, June 1—National nonresidential construction spending was down 0.4% in April, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $844.4 billion for the month. Despite the monthly setback, nonresidential construction spending is up 6.6% from a year ago.
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Thursday, May 12, 2022 10:04 AM
WASHINGTON, May 12—Construction input prices increased 0.8% in April compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose 0.9% for the month.
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Tuesday, May 10, 2022 9:55 AM
WASHINGTON, May 10—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.8 months in April, according to an ABC member survey conducted from April 20 to May 4. The reading is up 0.9 months from April 2021.
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Friday, May 6, 2022 9:15 AM
WASHINGTON, May 6—The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 235,000 jobs, an increase of 3.2%.
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Tuesday, May 3, 2022 11:31 AM
WASHINGTON, May 3—The construction industry had 396,000 job openings in March 2022, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. Industry job openings increased by 13,000 in March and are up 60,000 from the same time last year.
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Monday, May 2, 2022 11:03 AM
WASHINGTON, May 2—National nonresidential construction spending was down 0.8% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $839.2 billion for the month.
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Thursday, April 28, 2022 10:11 AM
WASHINGTON, April 28—The U.S. economy contracted at a 1.4% annualized rate during the first quarter of 2022. Investment in nonresidential structures declined at an annual rate of 0.9% during the quarter and has contracted nine of the past 10 quarters, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Economic Analysis.
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Wednesday, April 27, 2022 9:55 AM
WASHINGTON, April 27—The not seasonally adjusted national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. This considerable improvement occurred as cases of the omicron variant fell and many states began lifting some or all of their COVID-19 restrictions.
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