Data Digest 5.22.23: Construction jobs increase from year ago in 42 states

Vol. 23, No. 18 May 15-22, 2023

Construction jobs increase from year ago in 42 states; Dodge, ConstructConnect converge on starts  

42 states added construction jobs in past year  Seasonally adjusted construction employment rose from April 2022 to April 2023 in 42 states and the District of Columbia, declined in seven states, and held steady in Hawaii, according to AGC’s analysis of data BLS posted on Friday…
Read more

Dodge reports 5% decline in year-to-date starts  Two reports on construction starts show similar overall trends but differ on details regarding the first four months of 2023 compared January-April 2022. Total construction starts in current dollars (i.e., not inflation-adjusted) declined 4%, seasonally adjusted, from March to April and 7% year-to-date, Dodge Construction Network reported on Thursday…
Read more

ConstructConnect reports 5.7% drop in year-to-date starts  The value of construction starts in current dollars decreased 5.7% year-to-date, data firm ConstructConnect reported on Friday…Read more

Housing starts increase, permits decline in AprilHousing starts (units) in April increased 2.2% at a seasonally adjusted annual rate from the March rate but tumbled 22% year-over-year (y/y), the Census Bureau reported on Wednesday…
Read more

Multifamily homebuilders split on current conditionsMultifamily homebuilders are equally split between those reporting current conditions are good or poor, according to the redesigned Multifamily Production Index that the National Association of Home Builders released on Thursday…
Read more

City population trends in 2022“Fort Worth, Texas, the third largest-gaining city [in population increase] since 2018, ranked first in 2022 with a numeric increase of 19,170 from 2021,” followed by Phoenix, San Antonio, Seattle, and Charlotte, Census reported on Thursday…
Read more