Construction spending rose 0.7% in December to close out the year at a seasonally adjusted annual rate of $1,253.3 billion, the highest it’s been all year. increased November previously held that distinction at $1,257.0 billion, but that figure has been revised down to $1,245.1 billion. October’s estimate was also revised down from $1,247.1 billion to […]

The construction industry has high employment projections and is expected to see substantial growth over the next few years. Construction and extraction occupations are expected to grow 11% between 2016 and 2026, faster than the 7% average forecast for all occupations. For construction and extraction, 758,400 new jobs are projected by 2026 according to the […]

Construction spending increased 0.8% in November to a record-high seasonally adjusted annual rate of $1,257.0 billion, according to the latest report from the U.S. Census Bureau. October’s estimate was revised up from $1,241.5 billion to $1,247.1 billion and September’s estimate was revised down up from $1,224.6 billion to $1,236.3 billion. Construction spending for November 2017 […]

Construction spending increased 0.3% in September to a seasonally adjusted annual rate of $1,219.5 billion, according to the latest report from the U.S. Census Bureau. August’s estimate was revised up from $1,212.3 billion to $1,216.0 billion and July’s estimate was revised down sharply from $1,226.4 billion to $1,215.4 billion. Construction spending for September 2017 is […]