• 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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  • Dates & Figs – August 2025

    Dates & Figs – August 20250

    Total Construction Construction spending during June 2025 was estimated at a seasonally adjusted annual rate of $2,136.2 billion, 0.4 percent (±0.8 percent)* below the revised May estimate of $2,143.9 billion. The June figure is 2.9 percent (±1.5 percent) below the June 2024 estimate of $2,199.8 billion. During the first six months of this year, construction

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  • Dates & Figs – July 2025

    Dates & Figs – July 20250

    US Census Total Construction Construction spending during May 2025 was estimated at a seasonally adjusted annual rate of $2,138.2 billion, 0.3 percent (±0.8 percent)* below the revised April estimate of $2,145.5 billion. The May figure is 3.5 percent (±1.3 percent) below the May 2024 estimate of $2,215.4 billion. During the first five months of this

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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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  • Data and Figures – June 2024

    Data and Figures – June 20240

    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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  • How to Get Construction Data from the Field0

    By Nathan Snow, Content Director, Raken, Inc. Construction data is experiencing a boom. We’re not talking about construction statistics –like how much money the U.S. construction industry made or spent in the last fiscal year. That kind of construction data is definitely valuable in its own way from a big-picture perspective. We’re talking about construction

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