The National Association of Home Builders redesigned its Multifamily Market Survey in the first quarter of 2023 to make it easier to interpret and more similar to the NAHB/Wells Fargo Housing Market Index for...
Lower mortgage rates and limited existing inventory helped to push new home sales up in March, even as builders continue to grapple with increased construction costs and material supply disruptions. Sales of...
The Equipment Leasing and Finance Association’s Monthly Leasing and Finance Index, which reports economic activity from 25 companies representing a cross section of the $1 trillion equipment finance sector, showed their overall new business...
Business conditions at architecture firms saw a slight improvement in March, following declining billings during the last five months. The AIA/Deltek Architecture Billings Index score of 50.4 for the month indicates that a slight...
The not seasonally adjusted national construction unemployment rate dropped 0.4% in March 2023 from a year ago, down from 6% to 5.6%, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data...
National nonresidential construction spending increased by 0.7% in March, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending...
The construction sector added 15,000 jobs in April while the sector’s unemployment rate fell to a record low for the month and the number of unfilled construction positions is close to a monthly high,...
The Dodge Momentum Index, issued by Dodge Construction Network, fell 5.1% in April to 180.9 (2000=100) from the revised March reading of 190.6. In April, the commercial component of the DMI fell 8.0%, and...
The price of materials and services used in nonresidential construction increased 0.5% from March to April, while an index that measures contractors’ bid prices declined 0.3%, according to an analysis by the Associated General...
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