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Construction Spending Up Slightly in March

Construction Spending Up Slightly in March The U.S. government is reporting that total construction spending in March, 2022 was at a seasonally adjusted annual rate of $ 1,730.5 billion, which is 0.1% higher than February’s revised estimate and 11.7% higher than one year ago.  Residential construction came in at a seasonally adjusted annual rate of

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Construction Spending Up 0.5% in February

Construction Spending Up 0.5% in February The U.S. government is reporting that total construction spending in February, 2022 was at a seasonally adjusted annual rate of $ 1,704.4 billion, which is 0.5% higher than January’s revised estimate and 11.2% higher than one year ago.  Residential construction came in at a seasonally adjusted annual rate of

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Construction Industry Adds 60k Jobs In February

Construction Industry Adds 60k Jobs In February According to recent data from the Associated General Contractors of America, construction employment increased by 60k jobs between January and February, 2022, marking the steepest pace in nearly 40 years.  AGC officials said the industry will need to hire hundreds of thousands of additional workers in each of

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Construction Spending Up Slightly in November

Construction Spending Up Slightly in November The U.S. government is reporting that total construction spending in November was at a seasonally adjusted annual rate of $ 1,625 billion, which is up 0.4% from October’s revised estimate.  However, November’s figure is 9.3% higher than one year ago.  Residential construction was at a seasonally adjusted annual rate

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