Vol. 23, No. 10 March 13-17, 2023Construction input costs outpace bid-price rise in February; most states, metros add jobs in January  Input costs outpace bid-price rise in February   Contractors’ input costs rose more than their bid prices in February, according to Bureau of Labor Statistics (BLS) data posted on Wednesday. The producer price index (PPI) for material and service inputs to new nonresidential construction rose 0.4% for the month and 2.7% year-over-year (y/y)…     Read more 45 states add construction jobs through January   Seasonally adjusted construction employment rose from January 2022 to January 2023 in 45 states, declined in four states and the District of Columbia, and was unchanged in North Dakota, according to AGC’s analysis of data BLS posted on Monday…     Read more85% of metros add construction jobs  Construction employment, not seasonally adjusted, rose from January 2022 to January 2023 in 306 (85%) of the 358 metro areas (including divisions of larger metros) for which BLS posts construction employment data, fell in 29 (8%), and was unchanged in 23, according to an analysis AGC released today…     Read more Housing start, permits rebound in FebruaryHousing starts (units) in February jumped 9.8% at a seasonally adjusted annual rate from the January rate but were 18% lower y/y, the Census Bureau reported on Thursday…   Read more