Equanimity Over the Economy and a Crush on AI Stir up Stock Markets
North America’s major stock market indices are currently well up from the lows they reached in October of last year.
North America’s major stock market indices are currently well up from the lows they reached in October of last year.
The construction industry added 25,000 jobs in May 2023, with 11,000 coming from heavy and civil engineering
An expected, fallout from higher interest rates is a decline in housing starts, in both the United States and Canada.
The accompanying table records the top 10 project starts in the United States for April 2023.
Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts.
ConstructConnect's March 2023 volume of nonresidential construction starts was $47.6 billion, an increase of +45.0% versus February 2023.
The Canadian construction industry added 7,000 jobs in April 2023 and construction employment is +3.4% YOY.
The total number of jobs in the U.S. construction sector jumped by +15,000 in April 2023 all from subcontractor trades.
ConstructConnect empowers construction professionals with data-driven insights, market trends, and expert analysis to help you build smarter and win more work. Our blog covers preconstruction strategies, economic forecasts, tech innovations, and industry best practices. Whether you're a contractor, subcontractor, architect, or supplier, stay informed and competitive with timely, expert content. Explore our latest articles and get the insights you need to stay ahead.