Data Digest 4.26.23: Construction employment rises from year ago in 44 states
Data Digest 4.26.23: Construction employment rises from year ago in 44 states
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Vol. 23, No. 15 April 17-26, 2023Construction employment rises from year ago in 44 states; Dodge, ConstructConnect differ on starts
44 states add jobs in March from year ago Seasonally adjusted construction employment rose from March 2022 to March 2023 in 44 states, declined in five states, and was flat in North Dakota and the District of Columbia, according to AGC’s analysis of data BLS posted today… Read more
Dodge registers year-to-date drop in starts Two reports on construction starts differ regarding the first three months of 2023 compared January-March 2022. Total construction starts in current dollars (i.e., not inflation-adjusted) jumped 19%, seasonally adjusted, from February to March but slumped 9% year-to-date, Dodge Construction Network reported on Wednesday… Read more
ConstructConnect finds starts rise year-to-date The value of construction starts in current dollars increased 5.0% year-to-date, data firm ConstructConnect reported on Monday… Read more
ABI reflects improvement in business conditionsThe Architecture Billings Index (ABI) registered a score of 50.4 in March, up from 48.0 in February and the first reading above 50 since September, the American Institute of Architects (AIA) reported on Wednesday… Read more
Census reports falling residential starts and permitsHousing starts (units) in March fell 0.8% at a seasonally adjusted annual rate from the February rate and 17% year-over-year (y/y), the Census Bureau reported on Tuesday… Read more
AGC’s highway work zone survey is openHighway contractors are invited to complete AGC’s annual highway work zone safety survey by May 12. Responses will be kept confidential… Read more