Five state agencies made budget requests for construction-related projects in a Legislative Fiscal Bureau report.

Tagged with: construction spending Department of Safety and Professional Services state budget

Overall construction spending was down slightly in August, while other spending was mixed and prices for materials like steel and lumber improved, according to the latest analysis by the Associated General Contractors of America. 

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Construction spending inched up slowly from February to March as supply shortages and rising materials prices continued to weigh on the industry.

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U.S. construction spending fell 0.3% in May. Growth in housing, the economy's standout performer, slowed while activity in areas most directly impacted by the pandemic showed further weakness.

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U.S. construction spending rose a modest 0.2% gain in April as strength in housing offset further weakness in nonresidential construction.

Tagged with: construction spending Residential Construction

Spending on U.S. construction projects rose 1.7% in January as new home building continues to lift the industry.

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Spending on U.S. construction projects increased 0.9% in November as strength in home building offset weakness in other parts of the construction industry.

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U.S. construction spending edged up a tiny 0.1% in July, breaking a string of losses due to disruptions caused by the coronavirus pandemic.

Tagged with: construction spending U.S. Department of Commerce

U.S. employers advertised more jobs in June compared with the previous month, but overall hiring fell, painting a mixed picture of the job market.

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U.S. construction spending fell again in June, marking the fourth straight monthly decline as the coronavirus outbreak continues to wreak havoc on the economy.

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