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From the monthly archives: April 2015

We are pleased to present below all posts archived in 'April 2015'. If you still can't find what you are looking for, try using the search box.

Nonresidential Fixed Investment’s Winning Streak Shattered in the First Quarter

Wednesday, April 29, 2015 11:25 AM
Nonresidential fixed investment fell 3.4 percent in the first quarter of 2015, after expanding 4.7 percent in the fourth quarter of 2014, according to the April 29 gross domestic product (GDP) report by the Bureau of Economic Analysis. Real GDP expanded just 0.2 percent, on a seasonally adjusted annualized rate, during the first quarter, following a 2.2 percent increase during the final quarter of 2014.  Read the rest of entry »

Construction Materials Prices Expand in March

Tuesday, April 14, 2015 11:20 AM
Prices for inputs to construction industries expanded 0.8 percent in March, the largest monthly increase in more than two years, according to the April 14 producer price index release by the Bureau of Labor Statistics. Prices have now expanded for two consecutive months after declining during the prior six; however input prices are down 3.6 percent on a year-over-year basis. March marks the fourth consecutive month year-over-year input prices have declined, the longest such streak since 2009. Crude petroleum prices fell 4 percent in March and have fallen in eight of the previous nine months. Read the rest of entry »

February Construction Unemployment Down in 44 States Year-Over-Year

Wednesday, April 8, 2015 8:34 AM
Bad weather often typifies February across much of the country and this February’s weather was particularly harsh. The not seasonally adjusted (NSA) construction unemployment rate for the country often peaks around February and the nation appears to be on track for that pattern this year. The February construction unemployment rate for the country along with estimated rates for 34 states increased over their respective January rates. Read the rest of entry »

Background on State Construction Unemployment Rates

Tuesday, April 7, 2015 4:12 PM
Measuring employment and unemployment would seem to be straightforward. However, it turns out to be a little more complicated than it first appears. The Bureau of Labor Statistics (BLS) produces the employment statistics for the United States based on a monthly survey conducted by the Census Bureau known as the Current Population Survey (CPS). Read the rest of entry »

Nonresidential Construction Employment Ticks up Despite Dismal Overall Jobs Report

Friday, April 3, 2015 9:41 AM
Nonresidential construction added 5,000 net new jobs in March, with nonresidential specialty trade contractors leading the way by contributing 4,400 new jobs, according  to the April 3 Bureau of Labor Statistics preliminary estimate. As a whole, the U.S. construction industry lost 1,000 jobs in March, while February’s construction employment estimate (29,000 new jobs) was unrevised. The residential sector also regressed in March, losing 2,800 jobs. Read the rest of entry »

Confidence Level Remains Positive During Second Half of 2014

Thursday, April 2, 2015 9:00 AM
Associated Builders and Contractors (ABC) Construction Confidence Index (CCI) survey showed a continuing rise in optimism among construction contractors in the second half of 2014. CCI reflects forward-looking construction industry prospects using three measured categories. In the second half of 2014, expectations for profit margin and staffing levels increased, while sales expectations fell. Read the rest of entry »

Nonresidential Construction Spending Flat in February

Wednesday, April 1, 2015 12:21 PM
Blame it on the weather – that is what many economists have been doing over the past two months as economic data continue to disappoint. Retail sales, durable goods orders and other categories have not been as strong as anticipated.  Read the rest of entry »