bureau of labor statistics Archives

Nonresidential construction spending slips to start 2017

construction
by in AZRE Magazine | Construction

Nonresidential construction spending contracted during January, according to analysis of U.S. Census Bureau released Wednesday by Associated Builders and Contractors (ABC). Nonresidential spending fell 1.9 percent from December to $698.4 billion on a seasonally adjusted, annualized basis. This represents the first month total nonresidential construction spending dipped below $700 billion since July 2016. Despite the monthly… Read More →

ABC says construction lost jobs in December

construction
by in AZRE Magazine | Construction

National construction employment declined by 3,000 net jobs on a seasonally adjusted basis in December, according to analysis of  U.S. Bureau of Labor Statistics data released Friday by the Associated Builders and Contractors (ABC). The industry added 102,000 net new jobs on a year-over-year basis, the smallest increase in more than four years. Of the… Read More →

Construction unemployment rates improve in 38 states

Bernards & Construction
by in AZRE Magazine | Construction

November not seasonally adjusted (NSA) construction unemployment rates were down in 38 states and the nation on a year-over-year basis, according to analysis released Wednesday by Associated Builders and Contractors (ABC). The rates for two states, Kansas and Texas, were unchanged from November 2015. The national NSA construction unemployment rate of 5.7 percent was down… Read More →

Arizona incomes grew 3 percent in 2015, slightly off national pace

by in AZ Business Magazine | Workforce

Personal income grew 3 percent last year in Arizona, mirroring a national increase of 3.7 percent that year as the nation continued to rebound from the recession, new government data shows. The report last week by the Bureau of Economic Analysis said average income in the state grew to $39,156 – compared to $48,112 for… Read More →

Construction unemployment rates improve in 32 states

Bernards & Construction
by in AZRE Magazine | Construction

September not seasonally adjusted (NSA) construction unemployment rates improved in 32 states and the nation on a year-over-year basis, according to analysis released Monday by Associated Builders and Contractors (ABC). According to Associated Builders and Contractors’ analysis, Arizona decreased its construction unemployment rate by one percent, and by 1.3 percent in year-over-year change. The national NSA construction unemployment rate… Read More →

Construction input prices begin to trend higher

by in AZRE Magazine | Construction

Both nonresidential and overall construction input prices increased in September, with natural gas and crude petroleum prices bouncing back, according to analysis of the U.S. Bureau of Labor Statistics (BLS) Producer Price Index released Friday by Associated Builders and Contractors (ABC). The BLS data show that nonresidential input prices expanded 0.3 percent on a monthly basis… Read More →

Construction input prices decrease in August

construction
by in AZRE Magazine | Construction

Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Nonresidential construction input prices were down 0.2 percent on a month-over-month basis and 1.7 percent on a year-over-year… Read More →

Construction employment falters in August, report shows

construction
by in AZRE Magazine | Construction

The U.S. construction industry lost 6,000 net jobs in August according to an analysis of U.S. Bureau of Labor Statistics (BLS) data released Friday by Associated Builders and Contractors (ABC). BLS also downwardly revised July’s estimate from 14,000 net new jobs to 11,000 net new jobs meaning that the construction industry has lost 25,000 net jobs… Read More →

Nonresidential construction growth rebounds strongly

by in AZRE Magazine | Construction

The U.S. construction industry rebounded strongly, adding 14,000 net new jobs in July according to an analysis of Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC). This gain comes after the construction sector lost a combined 27,000 jobs from April to June. The construction industry’s unemployment rate inched lower in July,… Read More →

June construction unemployment rates improve

Construction Employment - Welder
by in AZRE Magazine | Construction

June not seasonally adjusted (NSA) construction unemployment rates improved in 47 states and the nation on a year-over-year basis according to analysis released today by Associated Builders and Contractors (ABC). The national construction unemployment rate of 4.6 percent was 1.7 percent lower than a year ago according to data from the Bureau of Labor Statistics… Read More →

May construction unemployment rates improve

construction
by in AZRE Magazine | Construction

Construction unemployment rates improved in 46 states and throughout the nation in May on a year-over-year basis, according to an analysis of Bureau of Labor Statistics data released today by Associated Builders and Contractors. The May national not seasonally adjusted (NSA) construction unemployment rate of 5.2 percent was 1.5 percent lower than a year ago,… Read More →

Construction material prices rise again in May

construction
by in AZRE Magazine | Construction

Construction input prices expanded by 0.7 percent in May and have now expanded for three consecutive months according to an analysis of the Bureau of Labor Statistics Producer Price Index released Wednesday by Associated Builders and Contractors (ABC). The rise follows eight consecutive months during which construction input prices fell; prices remain 3.4 percent below their… Read More →

Construction job losses hit two-year high

construction industry
by in AZRE Magazine | Construction

The construction industry lost 15,000 net jobs nationally in May, according to an analysis of Friday’s Bureau of Labor Statistics report by Associated Builders and Contractors (ABC). The report shows the loss is the industry’s worst since December 2013. April’s estimate had been revised downward from 1,000 net new jobs to a loss of 5,000… Read More →

Nonresidential construction spending drops in April

construction
by in AZRE Magazine | Construction

Nonresidential construction spending fell 2.1 percent in April according to analysis of  U.S. Census Bureau data released Wednesday by Associated Builders and Contractors (ABC). Nonresidential spending totaled $688.2 billion on a seasonally adjusted, annualized rate. Much like last month, the sting of a disappointing headline number was mitigated by upward revisions to the previous two months… Read More →