Construction Employment Picks Up in May
Higher employment led by nonresidential sector. According to the establishment survey of the Bureau of Labor Statistics (BLS), nonfarm payrolls … Read more
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Job Openings Remain Resilient in Uncertain Times
The Bureau of Labor Statistics’ US job openings data for April poses an interesting break from the narrative that the … Read more
Positive Outlook for US Economy: GDP Growth and Opportunities Amid Challenges
The recently released Gross Domestic Product (GDP) Second Estimate by the Bureau of Economic Analysis (BEA) showed a slight increase … Read more
Total Construction Jumps in March to Three Month High, Bolstered by Nonbuilding Strength
Despite economic woes and bank failures, construction shows strength across Q1 HAMILTON, NJ —April 20, 2023 — Total construction starts increased 19% … Read more
How Civil Contractors Are Managing the Biggest Challenges They Confront Today
Findings from the latest Civil Quarterly show that contractors will increase their bids, be more selective on the projects and … Read more
The U.S. Economy Shows Modest Growth in Q1 2023 Amidst Ongoing Challenges
The U.S. Economy Shows Modest Growth in Q1 2023 Amidst Ongoing Challenges The U.S. economy grew by an annualized 1.1% … Read more
Strong Voices, Safe Choices: Highlight the Importance of Construction Safety Week 2023
Strong Voices, Safe Choices: Highlight the Importance of Construction Safety Week 2023 Construction Safety Week was created in 2014 to emphasize … Read more
JOLTS for March falls to lowest level in almost two years
JOLTS for March falls to lowest level in almost two years U.S. job openings as recorded by the Bureau of … Read more
Dodge Momentum Index Declines In April After Pullback In Commercial Planning
Weak office, hotel, and retail planning activity pull Index lower HAMILTON, N.J. – May 5, 2023 — The Dodge Momentum Index (DMI), … Read more
Employment in Construction Sector Rebounds in April
Higher employment in residential and nonresidential sectors leads to rebound The Bureau of Labor Statistics reported that hiring in the … Read more
Construction Industry Navigates Challenges as April 2023 PPI Shows Slight Increase
The recent Producer Price Index (PPI) report from the Bureau of Labor Statistics reveals that prices for final demand rose … Read more
Debt Ceiling Breach Would Have Significant Impact on Construction Starts Outlook
While there are several risks facing the U.S. economy and the construction sector in 2023, the most pressing concern is … Read more