Private residential construction spending declined 0.5% in May, marking the fifth consecutive month of declines.
This decrease was mostly caused by lower spending on...
Lumber pricing uncertainty has risen since the beginning of the year, owing in part to projected higher tariffs, particularly on Canadian softwood lumber.
Despite...
In May, prices for new residential building inputs—excluding capital investment, labor, and imports—rose 0.2%, following a (revised) 0.2% fall in April.
These numbers are...
Wage growth in construction continued to slow in April on a nationwide level, but regional inequalities remained sharp.
Average hourly wages (AHE) in construction...
The number of vacant, unfilled positions in the construction industry remained stable despite a housing slowdown, according to the April Bureau of Labor Statistics...
Private residential construction spending declined 0.9% in April, marking the third consecutive monthly decrease.
This drop was mostly caused by lower spending on single-family...