Industry News

Private Residential Construction Spending Falls in May

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...

U.S. Lumber: Tariffs Up, Production Down

Lumber pricing uncertainty has risen since the beginning of the year, owing in part to projected higher tariffs, particularly on Canadian softwood lumber. Despite...

PPI Report: Analyzing May’s Increase in Building Input Prices

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...

Construction Job Openings Stable in April Amid Housing Slowdown

The number of vacant, unfilled positions in the construction industry remained stable despite a housing slowdown, according to the April Bureau of Labor Statistics...

April Residential Construction Spending Declines for Third Straight Month

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...

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