ConstructConnect announced today that May’s volume of construction starts, excluding residential activity, was $50.9 billion — a month-to-month change of +14.1%. The historical ‘seasonality’ improvement from April to May has been +8%. But it wasn’t the balmier time of year that drove May’s starts upward. Rather, the latest month was boosted by big hotel and […]

Due to its complexity, much of the subject matter concerning the economy requires detailed editorial commentary, often supported by relevant tables and graphs. This infographic looks at notable U.S. and Canada construction project starts. At the same time, though, there are many topics (e.g., relating to demographics, housing starts, etc.) that cry out for compelling […]

May was the second-best month of this year so far for jobs creation, according to the Bureau of Labor Statistics (BLS)’s Employment Situation Report. The latest month’s figure of +223,000 jobs was runner-up only to February’s +324,000. The average monthly increase in employment to-date in 2018 has been +207,000 jobs, a gain of +20% relative […]

Aficionados of horror movies know there are certain things – e.g., the proximity of Frankenstein’s monster – that will cause ‘the villagers’ to pick up their pitchforks and charge into the woods for a confrontation. It’s widely understood that the ‘villagers’ are you and me. Such works may be escapist fiction, but while basic safety […]

Tables 1 and 2 accompanying this article provide insight into the residential real estate markets in nearly all of America’s largest (by population) metropolitan statistics areas (MSAs). The raw data for 49 cities has been calculated by the National Association of Realtors (NAR). For two cities that would normally be included in the analysis, Detroit […]

Tables 1 and 2 accompanying this article set out the latest (March 2018) year-over-year jobs growth and unemployment rate rankings for the 51 largest (by population) U.S. metropolitan statistical areas (MSAs). The raw data comes from the Bureau of Labor Statistics (BLS). The objective for any city is that its jobs growth be faster rather […]