Construction Data & Figs - February 2025
- Dates & Figs
- February 24, 2025

Nonresidential 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
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US 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
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ABC’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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Associated Builders and Contractors reported that its Construction Backlog Indicator declined to 8.1 months in February, according to an ABC member survey conducted Feb. 20 to March 5. The reading is down 1.1 months from February 2023. View ABC’s Construction Backlog Indicator and Construction Confidence Index tables for February. View the full Construction Backlog Indicator
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Monthly New Residential Construction, January 2024 Source: U.S. Census Bureau, HUD, February 16, 2024 Building Permits Privately‐owned housing units authorized by building permits in January were at a seasonally adjusted annual rate of 1,470,000. This is 1.5 percent below the revised December rate of 1,493,000, but is 8.6 percent above the January 2023 rate of
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US Census Bureau – Total Construction Construction spending during November 2023 was estimated at a seasonally adjusted annual rate of $2,050.1 billion, 0.4 percent (±1.0 percent)* above the revised October estimate of $2,042.5 billion. The November figure is 11.3 percent (±1.5 percent) above the November 2022 estimate of $1,842.2 billion. During the first eleven months
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