The construction industry added 2,000 jobs on net in April, but nonresidential construction employment decreased by 2,000 positions, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year […]
Tag: GDP
Marcum Releases 2nd Annual National Construction Survey—Findings Highlight Optimism in the Construction Industry
Marcum LLP today, October 12, 2021, released its second annual survey of the national construction industry. Survey responses highlight the construction industry’s comeback, with optimism on the rise as GDP climbs and unemployment drops.
The Marcum National Construction Survey covers a range of topics, […]
ABC Report: U.S. Economy Expands in Second Quarter, Investment in Structures Contracts
The U.S. economy expanded at a 6.5% annualized rate in the second quarter of 2021, pushing overall gross domestic product above pre-pandemic levels. Investment in nonresidential structures, however, declined 7% for the quarter and has now contracted in six of […]
ABC Says State Construction Unemployment Rates Down in 45 States From a Year Ago
The not seasonally adjusted national construction unemployment rate was down 2.6% in June 2021 from a year ago and 45 states had lower unemployment rates over the same period, according to state-by-state analysis of U.S. Bureau of Labor Statistics data released today […]
ABC Reports: GDP and Construction: Investment in Nonresidential Structures Declines 4.8% in Q1
The U.S. economy expanded at a 6.4% annualized rate during the first quarter of 2021; however, investment in nonresidential structures declined at a 4.8% rate for the quarter, according to analysis conducted by Associated Builders and Contractorsof data released today by […]