Construction Data

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Highlights

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Nonresidential Construction Employment Increased by 23,000 in February

March 8, 2024
On a year-over-year basis, industry employment has expanded by 215,000 jobs, an increase of 2.7%.

New Engineering Business Sentiment Report Finds Executives’ Optimism About the US Economy Growing

March 7, 2024
ACEC Research Institute Q1 2024 Engineering Business Sentiment Report finds respondents less likely to anticipate a recession than a year ago, still contending with business headwinds...
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Construction Job Openings Remain Elevated at 413,000 in January

March 6, 2024
Industry job openings decreased by 21,000 last month but are up by 120,000 from the same time last year.
NAHB

Economic Outlook from the National Association of Home Builders' Meeting of the Members

March 4, 2024
Single-family starts will rise in 2024, but supply side challenges will persist.
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Rising Materials Costs Continue to Drive Engineering and Construction Costs Higher in February

March 4, 2024
Moderate step-up, according to the Engineering and Construction Cost Indicator from PEG and S&P Global Market Intelligence.
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Better, Not Bigger, Homes Among Top Design Trends for 2024

March 1, 2024
Builders are acting on this trend, with 38% indicating they built smaller homes in 2023 to help support home sales and 26% indicating they plan to build even smaller in 2024. ...
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Construction Employment Up 11,000 in January

Feb. 2, 2024
On a year-over-year basis, industry employment has expanded by 216,000 jobs, an increase of 2.7%.
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Nonresidential Construction Spending Increases 0.4% in December

Feb. 1, 2024
On a seasonally adjusted annualized basis, nonresidential spending totaled $1.174 trillion.
ABC

ABC: 2024 Construction Workforce Shortage Tops Half a Million

Jan. 31, 2024
In 2025, the industry will need to bring in nearly 454,000 new workers on top of normal hiring to meet industry demand.
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Construction Job Openings Remain Elevated in December

Jan. 30, 2024
Industry job openings decreased by 21,000 last month and are down by 39,000 from the same time last year.