• 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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  • Facing Serious Labor Shortages, Construction Needs a New Approach

    Facing Serious Labor Shortages, Construction Needs a New Approach0

    By Jim, Hall, Tenstreet The construction sector is currently confronting a pivotal set of issues. As projections indicate an upsurge in construction spending, the industry grapples with multifaceted hiring challenges, including a widening skills gap, an aging workforce, and heightened turnover rates. Research from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover

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