Revised Third Estimate: US GDP Growth Shows Resilience Amidst Evolving Economic Landscape
The Bureau of Economic Analysis (BEA) has released the final estimate for the United States’ Gross Domestic Product (GDP), shedding … Read more
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Who’s Forecast is Closest? « Construction Analytics
On July 1st, the Census will release the construction spending data for May. Along with that, they will revise data … Read more
Total Construction Starts Rebound in May
Manufacturing and infrastructure lead the sector with large gains, residential sees double-digit decline HAMILTON, NJ —June 20, 2023 — Total … Read more
Construction Data Briefs JUN 2023 « Construction Analytics
Nonresidential Buildings spending is leading Construction spending growth. For the first four months of 2023, total construction spending year-to-date (ytd) … Read more
Producer Prices Fall, Fed Holds; What’s Next?
The U.S. Bureau of Labor Statistics reported a decline of 0.3% in May for the PPI for final demand, following … Read more
New Study Shows Significant Benefits for General Contractors utilizing Technology to Manage Subcontractors
Dodge Construction Network finds that increased automation of subcontractor management processes improves productivity, profitability and cost performance HAMILTON, NJ – … Read more
Dodge Momentum Index Slides 2% in May Due to Weaker Commercial Planning
Commercial and institutional planning face divergent trends approaching the second half of 2023 HAMILTON, N.J. – June 7, 2023 — … Read more
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
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