Tag Archives: Construction

August Construction Rises Two Percent

At a seasonally adjusted annual rate of $490.2 billion, new construction starts in August advanced two percent relative to July, according to McGraw Hill Construction, a division of McGraw Hill Financial. Residential building stayed on the upward track, while nonresidential … Continue reading

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Construction Materials Prices Remain Stable, Rise Only 0.3 Percent in August

Construction materials prices rose only 0.3 percent in August and are up 1.4 percent year over year, according to the September 13 Producer Price Index released by the Department of Labor. In addition, nonresidential construction materials increased 0.5 percent for … Continue reading

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Construction Spending Rises 0.6 Percent in July

The nation’s builders were busy in July as construction spending increased 0.6 percent to $900.8 billion—the largest upswing in four years—according to the September 3 report by the U.S. Commerce Department. Nonresidential construction spending also rose 0.6 percent in July, … Continue reading

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July Construction Recedes Two Percent Overall but Building Numbers Grow

New construction starts in July decreased two percent to a seasonally adjusted annual rate of $479.1 billion, according to the latest construction starts numbers released by McGraw Hill Construction. Nonresidential building strengthened in July, regaining some of the upward momentum … Continue reading

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Construction Employment Gains Remain Spotty in July

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Construction employment continued its spotty improvement in July, as more states posted year-over-year gains, but most states posted decreases compared with June, according to an analysis by the Associated General Contractors (AGC) of America of Labor Department data. Association officials … Continue reading

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New Construction Starts to Climb Six Percent in 2013

New construction starts are forecast to rise six percent this year to $506 billion, according to the mid-year update to the 2013 Construction Outlook from McGraw Hill Construction, a division of McGraw Hill Financial.  This is the same rate of … Continue reading

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June Construction Settles Back One Percent

New construction starts in June receded one percent to a seasonally-adjusted annual rate of $489.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building lost momentum in June after strengthening during the previous two months, … Continue reading

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Nation’s Construction Industry Adds 13,000 Jobs in June

The nation’s construction industry unemployment rate dipped to its lowest rate in nearly six years following the addition of 13,000 jobs in June, according to the latest report by the Department of Labor. The boost in job numbers was the … Continue reading

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Dodge Momentum Index Up for Sixth Straight Month in May

The Dodge Momentum Index rose 3.6 percent in May from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building … Continue reading

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Building Construction Employment Remains Stable from April to May

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The number of building construction employees remained stable from April to May 2013 with a slight 0.1 percent decrease, according to the latest report from the Bureau of Labor Statistics (BLS). The BLS estimates that approximately 1.269 million (seasonally adjusted) … Continue reading

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