Data & Figures - February 2024
- Dates & Figs
- February 27, 2024
U.S. Census Total Construction Construction spending during August 2024 was estimated at a seasonally adjusted annual rate of $2,131.9 billion, 0.1 percent (±1.2 percent)* below the revised July estimate of $2,133.9 billion. The August figure is 4.1 percent (±1.6 percent) above the August 2023 estimate of $2,047.4 billion. During the first eight months of this
READ MOREUS Census Total Construction Construction spending during June 2024 was estimated at a seasonally adjusted annual rate of $2,148.4 billion, 0.3 percent (±1.0 percent)* below the revised May estimate of $2,154.8 billion. The June figure is 6.2 percent (±1.6 percent) above the June 2023 estimate of $2,023.0 billion. During the first six months of this
READ MORETotal Construction Construction spending during May 2024 was estimated at a seasonally adjusted annual rate of $2,139.8 billion, 0.1 percent (±1.0 percent)* below the revised April estimate of $2,142.1 billion. The May figure is 6.4 percent (±1.6 percent) above the May 2023 estimate of $2,011.8 billion. During the first five months of this year, construction
READ MORENonresidential Construction Adds 17,100 Jobs in May The construction industry added 21,000 jobs on net in May, 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 basis, industry employment has increased by 251,000 jobs, an increase of 3.1%. Nonresidential construction employment increased
READ MOREUS Census Construction spending during March 2024 was estimated at a seasonally adjusted annual rate of $2,083.9 billion, 0.2 percent (±0.8 percent) below the revised February estimate of $2,087.8 billion. The March figure is 9.6 percent (±1.3 percent) above the March 2023 estimate of $1,901.4 billion. During the first three months of this year, construction
READ MOREABC’s Construction Backlog Indicator Rebounds in March, Contractor Confidence Improves Associated Builders and Contractors reported that its Construction Backlog Indicator increased to 8.2 months in March from 8.1 months in February, according to an ABC member survey conducted March 20 to April 3. The reading is down 0.5 months from March 2023. View ABC’s Construction
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