Moderation in Canadian Construction Material Costs
There has been some considerable moderation in Canadian construction material prices over the last three months.
There has been some considerable moderation in Canadian construction material prices over the last three months.
The construction sector added +25,000 jobs in February 2023, with two-thirds of that recorded by nonresidential subcontractors.
Moderation in construction material costs that has been taking place with 11 of the 15 PPI inputs decreasing in price from September to December 2022.
Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts.
The accompanying table records the top 10 project starts in the United States for December 2022.
ConstructConnect announced today that December 2022’s volume of nonresidential construction starts was $50.1 billion, +58.1% compared with November’s...
The construction sector added +28,000 jobs in December 2022, mainly in the subcontractor trades, +17,000. The NSA unemployment rate came in at 4.4%.
The monthly seasonally adjusted and annualized figure on housing starts in the U.S. has dipped below 1.5 million units in four of the last five...
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