Vol. 23, No. 37 October 9-16, 2023 Producer prices flatten in September; craft worker pay accelerates, PAS and CLRC report   Producer prices moderate in SeptemberInput prices and bid prices for construction were little changed from August to September, according to data the Bureau of Labor Statistics posted on Wednesday…Read more Merit-shop craft-worker pay jumps, PAS finds“Merit-shop contractors anticipate skilled-craft hourly wage increases of 4.45% in 2023,” compared to actual increases for 2022 of 5.10%, construction compensation data firm PAS reported on October 5…Read more Union settlements climb, CLRC reports  The “first year of new settlements reached from January through September of 2023 (2023-Q3) for union craft workers in the construction industry had an average increase of 4.6%,” up from 3.9% in 2022, the Construction Labor Research Council (CLRC) reported on Friday…Read more September Dodge Momentum Index is mixed  The Dodge Momentum Index rose 3% in September from August but slumped 5% y/y, Dodge Construction Network reported on October 6…Read more ISM finds mixed results for construction  “Economic activity in the services sector expanded in September for the ninth consecutive month,” the Institute for Supply Management reported on October 6…Read more