Tag Archives: Nonresidential construction

February Construction Unchanged from January, McGraw Hill Reports

At a seasonally adjusted annual rate of $486.7 billion, new construction starts in February were nearly the same as in January, according to McGraw Hill Construction, a division of McGraw Hill Financial. According to the report, the flat pace for … Continue reading

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Construction Industry Adds 15,000 Jobs in February

Construction employment grew by 15,000 workers in February despite harsh winter working conditions, raising industry employment to the highest level since June 2009, according to an analysis of new government data by the Associated General Contractors of America (AGC). “The … Continue reading

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Nonresidential Construction Spending Remains Frozen in January

Nonresidential construction spending declined for the second consecutive month, falling 0.3 percent in January, but is up 6.5 percent over the past year, according to a March 3 release by the U.S. Census Bureau. Spending for the month totaled $578.7 … Continue reading

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Construction Spending Posts Biggest Increase Since 2006

Total construction spending in January posted the steepest year-over-year increase since 2006, with growth in public construction as well as private residential and nonresidential spending, according to an analysis of new Census Bureau data by the Associated General Contractors of … Continue reading

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January Construction Slides 13 Percent

The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which … Continue reading

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Construction Industry Adds 48,000 Jobs in January

Construction employment jumped by the largest monthly amount in nearly seven years in January, bringing industry employment to the highest level since July 2009, according to an analysis of new government data by the Associated General Contractors of America (AGC). … Continue reading

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Construction Spending Rises 0.1 Percent in December

Total construction spending increased 0.1 percent in December and rose by 4.8 percent for all of 2013, as a robust market for apartments and single-family houses outweighed downturns in private nonresidential and public projects, according to an analysis of new … Continue reading

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New Construction Starts Improve 5 Percent in December

New construction starts grew 5 percent in December to a seasonally adjusted annual rate of $554.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Although both nonresidential building and housing settled back during the final month … Continue reading

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Nonresidential Construction Employment Declines in December

National construction employment decreased by 16,000 jobs in December, according to a January 10 report by the U.S. Department of Labor. Nonresidential construction saw the bulk of job losses, contributing 88.1 percent of total construction industry job loss and losing … Continue reading

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Nonresidential Construction Spending Returns to Normal

Nonresidential construction spending grew 0.6 percent on a monthly and yearly basis in November 2013, according to the January 2 release by the U.S. Census Bureau. In November, spending totaled $583.436 billion on a seasonally adjusted, annualized basis, according to … Continue reading

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