"Demand for design services from architecture firms began to stabilize in June, following their peak declines in April,” the American Institute of Architects reported on Wednesday, based on a rise in the Architecture Billings Index (ABI) from an all-time low of 29.5 in April to 40.0 in Ju
Seasonally adjusted construction employment increased between May and June in 31 states and the District of Columbia, decreased in 18 states, and was unchanged in Alaska, according to AGC’s analysis of Bureau of Labor Statistics (BLS) data
On today's Words With Wayne, learn what our advocacy efforts during the pandemic look like, and what we've been doing to keep America building.
Divergent trends are emerging for construction costs, as indicated by producer price indexes (PPIs) for June that the Bureau of Labor Statistics (BLS) posted on Friday. AGC posted tables showing PPIs relevant to construction. The PPI for new nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—declined 0.3% for the month, following a 0.1% dip in May. The year-over-year (y/y) increase of 2.2% compared with a rise of 5.5% a year earlier and was the smallest y/y increase since June 2017.
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Nonfarm payroll employment in June jumped by 4.8 million, seasonally adjusted, following a 2.7 million gain in May, the Bureau of Labor Statistics (BLS) reported on Friday, based on the payroll period covering June 12.
Construction employment, not seasonally adjusted, increased between April and May in 329 (92%) of the 358 metro areas (including divisions of larger metros) for which BLS provides construction employment data, decreased in 14 (4%) and was unchanged in 15, according to an analysis AGC rele