The not seasonally adjusted national construction unemployment rate of 4.4 percent was unchanged in December 2023 from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released on Feb. 5 by Associated Builders and Contractors.
Construction input prices increased 0.4 percent in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data released on Aug. 13.
National nonresidential construction spending increased by 0.4 percent in December, according to an Associated Builders and Contractors analysis of data published Feb. 1 by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.174 trillion.
The construction industry had 295,000 job openings on the last day of June, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
Construction input prices decreased by 0.9 percent in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released on June 13.
The construction industry added 17,000 jobs on net in December, according to an Associated Builders and Contractors analysis of data released on Jan. 5 by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has grown by 197,000 jobs, an increase of 2.5 percent.
The construction industry had 459,000 job openings on the last day of November, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey.
National nonresidential construction spending decreased 0.1 percent in November, according to an Associated Builders and Contractors analysis of data published by the U.S. Census Bureau on Jan. 2. On a seasonally adjusted, annualized basis, nonresidential spending totaled $1.143 trillion.
Associated Builders and Contractors announced on May 23 the filing of a complaint in the U.S. District Court for the Eastern District of Texas, Sherman Division, challenging the U.S. Department of Labor’s controversial final rule “Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales and Computer Employees,” which will change overtime regulations under the Fair Labor Standards Act.
