Construction hiring up, spending down across US

May 1, 2019 1:40 pm Leave a comment

A worker walks along a structure being built for the NFL Draft in Nashville, Tennessee, on April 9. Construction spending in March fell to a seasonally adjusted annual rate of $1.28 trillion, while spending on projects dropped in March for the first time in four months. (AP File Photo/Mark Humphrey)

U.S. companies in April added the most jobs in 9 months, a sign that hiring remains strong amid solid economic growth.

US construction spending up strong 1 percent in February

April 1, 2019 9:53 am Leave a comment

A crew works on an outdoor observation deck on the 30 Hudson Yards office building in New York on March 8. The U.S. Commerce Department reported construction spending rose by 1 percent in February. (AP Photo/Mark Lennihan, File)

U.S. construction spending rose a solid 1 percent in February, led by a strong gain in spending on government projects, which hit an all-time high.

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US construction spending up strong 1.3 percent in January

March 13, 2019 8:37 am Leave a comment

A worker on Feb. 20 carries interior doors that will be installed in a just-completed new home in north Dallas. The U.S. Commerce Department reported on Wednesday that spending on U.S. construction projects in January showed its biggest gain in nine months. (AP Photo/LM Otero)

Spending on U.S. construction projects in January showed its biggest gain in nine months, as strength in nonresidential construction and government projects offset continued weakness in home construction. The Commerce Department says that construction spending rose 1.3

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US construction spending drops 0.6 percent in December

March 4, 2019 11:47 am Leave a comment

A construction crew works on Feb. 20 on an already sold new home in Dallas. U.S. construction spending edged down by 0.6 percent in December. The biggest declines in residential construction and government projects. Even with the setback, construction spending for all of 2018 rose to a new record, although the annual increase was the smallest seen in seven years. (AP Photo/LM Otero, File)

U.S. construction spending edged down 0.6 percent in December, showing declines for residential construction and government projects. But even with the setback in December, construction spending for all of 2018 reached record levels, although it was the smallest increase seen in seven years.

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US construction spending up 0.8 percent in November

February 1, 2019 11:46 am Leave a comment

Construction workers install the roof of a new townhouse in Wood-Ridge, New Jersey, on Feb. 26, 2018. U.S. construction spending edged up in November as a gain in home building helped offset weakness in nonresidential construction. (AP Photo/Seth Wenig, File)

U.S. construction spending edged up in November as a gain in home building helped offset weakness in nonresidential construction.

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SIMONSON SAYS: AGC economist predicts industry to fare well in 2019 despite tariffs, labor shortage (VIDEO)

December 4, 2018 4:13 pm Leave a comment

Ken Simonson, chief economist for the Associated General Contractors of America, speaks on Tuesday at a Construction Outlook Event held by the Associated General Contractors of America at the Wisconsin Club in downtown Milwaukee. Simonson said he expects the construction industry will grow at a moderate rate this year even as it continues to contend with a labor shortage and trade disputes that have pushed up the cost of construction materials and dampened demand for development in industries such as manufacturing. (Staff photo by Rick Benedict)

The good times could keep rolling in construction, according to a pair of economists who spoke on Tuesday at a construction outlook event in Milwaukee.

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US construction spending down 0.1 percent in October

December 3, 2018 12:32 pm Leave a comment

Spending on U.S. construction projects fell by 0.1 percent in October, showing the third consecutive monthly decline, as weakness in home building and non-residential construction offset a rebound in government projects.

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Industry spending on course to near $1.33 trillion in 2018

November 1, 2018 1:28 pm Leave a comment

Construction spending is on course nationally to hit nearly $1.33 trillion this year.

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US construction spending up again in August

October 1, 2018 2:20 pm Leave a comment

Common Links Construction's Omar Arenas chops metal studs.

U.S. construction spending increased by 0.1 percent from July to August and by 5.3 percent in the first eight months of 2018, a large trade group reported on Monday.

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US construction spending rose 0.1 percent in July

September 4, 2018 11:25 am Leave a comment

A construction worker lowers himself on a forklift on July 3 at a construction site in Chicago. The Commerce Department reported on Tuesday that spending on U.S. construction projects increased by 0.1 percent in July. (AP Photo/Annie Rice)

Spending on U.S. construction projects ticked up 0.1 percent in July, led by an increase in homebuilding and the publicly funded construction of schools and highways.

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