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From the monthly archives: August 2014

We are pleased to present below all posts archived in 'August 2014'. If you still can't find what you are looking for, try using the search box.

Construction Materials Prices Flat in July

Overall, construction materials prices inched higher in July and are up 2 percent year over year, according to the Aug. 15 producer price index (PPI) release by the Department of Labor. Nonresidential construction materials prices were flat for the month and are just 1.4 percent higher than at the same time one year ago. 
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Nonresidential Construction Spending Growth Falters in June

Nonresidential construction spending fell in June after posting significant growth during the prior two months, according to the Aug. 1 release from the U.S. Census Bureau. Nonresidential construction spending fell 2.8 percent on a monthly basis in June, but has risen 4.6 percent on a year-over-year basis. Spending for the month totaled $588.8 billion on a seasonally adjusted, annualized basis, while the government revised the estimate for nonresidential construction spending in May from $596.2 billion to $605.6 billion.
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Nonresidential Construction Employment Regains Momentum in July

The U.S. construction industry added 22,000 jobs in July, according to the Bureau of Labor Statistics’ Aug. 1 preliminary estimate. June’s report was also upwardly revised to show a gain of 10,000 jobs in the industry. Nonresidential construction added 6,600 jobs in July, with heavy and civil engineering adding 2,500 of those jobs. This represents a significant improvement from June when the nonresidential construction industry added just 100 jobs. 
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