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US Construction Employment Crisis
US construction employment slipped from July to August for the fourth time in five months, according to an analysis by the Associated General Contractors of America released September 2. US Construction Employment Problem US construction employment slipped from July to August for the fourth time in five months, but spending data suggest the recent weakness…
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CMD Construction Spending Forecast
This week was held another excellent conference call at CMD (formerly Reed Construction Data) on the near- to mid-term US Construction forecast. Analysts Kermit Baker and Ken Simonson, out of the American Institute of Architects and Associated General Contractors respectively, and Canadian Alex Carrick of CMD. CMD US Construction Spending Forecast As always starting with…
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US Residential Construction Spending: February 2016
Private residential construction spending reached the highest rate since November 2007, said the National Association of Home Builders Friday. US Private Residential Construction Spending: February 2016 NAHB analysis of Census Construction Spending data shows that total private residential construction spending for February increased to a seasonally adjusted annual rate of US$448 billion, up by 0.9…
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US Construction Material Prices: Jan 2016
Construction input prices fell by 0.6 per cent during January 2016 according to the US Bureau of Labor Statistics Producer Price Index released Wednesday. Construction input prices are down 2.7 per cent from January 2015 and have now decreased on a year-over- year basis for 14 consecutive months, according to the Associated Builders and Contractors…
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US Construction Employment: Dec 2015
According to the BLS Job Openings and Labor Turnover Survey and NAHB analysis, the number of open construction sector jobs in the US increased to 207,000 in December from 138,000 in November. Construction Employment, US On a three-month moving average basis, the open position rate (job openings as a per cent of total employment)…
