Construction Employment Continues to Defy Higher Interest Rate Environment
Both residential and nonresidential construction employment were up in June. The Bureau of Labor Statistics (BLS) reported that nonfarm payrolls … Read more
Reports
May Job Openings: Construction Strength and Regional Division
The Bureau of Labor Statistics Job Openings and Labor Turnover Survey estimates that the number of US Job openings fell … Read more
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
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
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