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Construction adds 22,000 jobs in July as wages rise
Construction firms added 22,000 jobs in July with wages rising 5.2%, outpacing broader labor market growth, according to the Associated General Contractors of America.
Construction input costs rise 7.1% despite June decline
Construction input costs for new nonresidential projects rose 7.1% year over year despite a 0.5% drop in June, driven by high fuel and metals prices.
Construction employment rises by 26,000 jobs as wages outpace other sectors
Construction employment increased by 26,000 jobs in March with wages rising 5%, outpacing other sectors amid ongoing labor shortages.
US construction spending falls 0.3% in January
U.S. construction spending fell 0.3% in January as private projects declined, while public construction rose and mortgage rates increased.
US construction spending rises on homebuilding rebound
U.S. construction spending rose 0.3% in December as single-family homebuilding and home renovations increased, though nonresidential projects declined.
US construction spending rebounds in October on renovations
US construction spending rebounded in October, led by home renovations as higher mortgage rates, tariffs and labor shortages weighed on new housing starts.
