Bursting at the Seams Retail Sales vs Inflation is a Chicken vs Egg Situation
In 2020, there was a proliferation in internet shopping. It was also the year in which bricks and mortar retail construction starts stopped falling.
In 2020, there was a proliferation in internet shopping. It was also the year in which bricks and mortar retail construction starts stopped falling.
The construction industry added only +1,000 jobs in October 2022. 2022’s year-to-date monthly average gain in construction employment has been...
After a gloomy patch in late summer and early fall, dominated by discussion of inflation and recession, the economic and construction news is...
ConstructConnect announced today that July's volume of construction starts, excluding residential work, was $53.7 billion.
The accompanying table records the top 10 project starts in the United States for June 2022.
Below are six graphs recording 12-month moving averages of ConstructConnect’s nonresidential construction starts.
Construction employment added +19,000 jobs in September, mostly from nonresidential specialty trade contractors (+11,000).
The U.S. foreign trade balance is improving significantly, while the value of the U.S. dollar is rising, making imports cheaper and exports more...
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