Nonresidential construction driving industry employment growth
The Associated Builders & Contractors report that the construction industry gained 22,000 jobs in August, with nonresidential construction accounting for 21,000.
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Construction job openings down, labor scarcity remains
Anirban Basu, chief economist at the Associated Builders & Contractors, anticipates labor scarcity to a headwind in 2023, despite job openings going down.
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What’s next for pricing of construction materials, equipment
The Associated Builders & Contractors’ Anirban Basu says construction materials prices should be reasonably stable in the coming months, but construction equipment prices might be an exception.
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The latest unemployment, employment rates from ABC
The Associated Builders & Contractors (ABC) looks at June’s construction unemployment data and July’s construction employment numbers.
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ABC: Nonresidential spending up, job openings down
Spending on nonresidential construction was up in June, while job openings were down according to Associated Builders & Contractors (ABC).
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ABC: Construction employment up, nonresidential spending down
The construction industry added 23,000 jobs in June, according to the Associated Builders & Contractors (ABC). ABC also notes that nonresidential construction spending was down 0.2 percent in May.
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Construction market remains resilient despite challenges
Although labor shortages and rising interest rates still pose challenges, economists from several agencies explain that in most areas the industry continues to thrive.
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ABC: Construction industry employment up in April
While the construction industry added jobs in April, the Associated Builders & Contractors’ (ABC) Anirban Basu says signs of a weakening economy are surfacing.
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Report: Construction job openings up once again
The Associated Builders & Contractors reports that construction job openings jumped from 129,000 between January and February.
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