Dates & Figs

  • Dates & Figs – October 20250

    Data Reveals the Biggest Motivators and Challenges to AI Adoption in Construction The majority of the construction industry is embracing artificial intelligence, albeit at varying levels of implementation, but significant challenges remain that may ultimately stunt adoption rates, according to the 2025 Annual AI Benchmarking Report from BuiltWorlds. Nearly two-thirds of respondents to the 2025

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  • Data & Figs – June 2025

    Data & Figs – June 20250

    U.S. Census Total Construction Construction spending during April 2025 was estimated at a seasonally adjusted annual rate of $2,152.4 billion, 0.4 percent (±0.7 percent)* below the revised March estimate of $2,162.0 billion. The April figure is 0.5 percent (±1.2 percent)* below the April 2024 estimate of $2,163.2 billion. During the first four months of this

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  • Construction Data and Figures

    Construction Data and Figures0

    All But Four States Had Construction Unemployment Rates Below 10% in March The national March 2025 not seasonally adjusted construction unemployment rate was 5.4%, unchanged from March 2024, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released on April 30 by Associated Builders and Contractors. The analysis found that 19 states

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  • Dates & Figs – April 2025

    Dates & Figs – April 20250

    The construction industry added 13,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has risen by a mere 143,000 jobs, an increase of 1.8%. Nonresidential construction employment increased by 22,300 positions on net in

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  • Construction Dates & Figs – March 2025

    Construction Dates & Figs – March 20250

    U.S. Census Construction Spending Total Construction Construction spending during January 2025 was estimated at a seasonally adjusted annual rate of $2,192.5 billion, 0.2 percent (±0.7 percent)* below the revised December estimate of $2,196.0 billion. The January figure is 3.3 percent (±1.3 percent) above the January 2024 estimate of $2,122.2 billion. Private Construction Spending on private

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  • Construction Data & Figs – February 2025

    Construction Data & Figs – February 20250

    Softness in construction spending predicted for 2025 & 2026 After increasing by almost 20% in 2023 and another 6% last year, construction spending for nonresidential buildings—commercial, industrial, and institutional facilities—is projected to slow dramatically this year and next. Panelists participating in The American Institute of Architects’ Consensus Construction Forecast are expecting gains of only 2.2%

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