Alisa Zevin

3 days ago | enr.com | Alisa Zevin

The number of construction jobs increased in 27 states in May, on a monthly basis, according to employment data released by the Bureau of Labor statistics. Year-over-year, employment increased in 33 states and Washington, D.C.“Construction has been in a holding pattern for several months, with gains in a small majority of states,” Ken Simonson, chief economist at the Associated General Contractors of America (AGC), said in a statement.

1 week ago | enr.com | Alisa Zevin

BusinessFinance Uncertainty has plagued the overall economy in the first half of 2025, with U.S. construction industry activity slowing considerably, according to data from Dodge Construction Network. “Tariff-driven cost increases will be difficult for consumers and producers to absorb amid an already-high inflationary environment, likely weakening demand and exerting downward pressure on prices and economic growth,” says Sarah Martin, associate director of forecasting at Dodge.

3 weeks ago | enr.com | Alisa Zevin

The number of job openings in the construction industry declined by 3,000 in April on a monthly basis, according to the U.S. Bureau of Labor Statistics' Job Openings and Labor Turnover Survey (JOLTS). “Construction labor market churn remained unusually slow in April,” said Anirban Basu, chief economist at Associated Builders and Contractors, said in a press release.

3 weeks ago | enr.com | Alisa Zevin

Overall construction spending fell 0.4% in April, compared to March, according to date released today by the U.S. Census Bureau. Monthly non-residential spending fell 0.1%, while residential spending declined 0.9% in the same time period. “Construction spending slipped in April as headwinds like trade policy uncertainty, high interest rates and tight lending standards continued to batter industrywide momentum,” Anirban Basu, chief economist at Associated Builders and Contractors.

1 month ago | enr.com | Alisa Zevin

Construction materials prices declined 0.1% in April when compared to March, according to the Price Produce Index (PPI) data released May 15 by the U.S. Bureau of Labor Statistics. Prices are up 0.1% since April 2024 and 41.3% since February 2020. The decline “was largely due to falling energy prices,” Anirban Basu, chief economist at Associated Builders and Contractors (ABC), said in a press release. Natural gas prices fell 7.1% while unprocessed energy prices decreased 5%.