Data DIGest
Recent Editions
ConstructConnect, Dodge diverge on year-to-date start (6/21)
Construction input and bid prices remain tame in May (6/14)
Construction employment increases by 21,000 in May (6/7)
Construction employment rises in 61% of metros (5/31)
Majority of firms with highway work zone projects experienced crashes (5/24)
Weekly Publication
Highlights from this week's edition:
- Reports this week on construction starts from construction data providers ConstructConnect and Dodge Construction Network show divergent trends for various types of projects.
- Total construction starts increased 10% in May from April at a seasonally adjusted annual rate and rose 11% year-to-date in the first five months of 2024 compared to January-May 2023, Dodge Construction Network reported on Thursday.
- Housing starts (units) in May fell 5.5% from April and 3.6% year-over-year (y/y) at a seasonally adjusted annual rate, the Census Bureau reported on Thursday.
- From January to April 15 states recorded growth in multifamily permits, compared to the first four months of 2023, while 35 states and the District of Columbia recorded a decline, the National Association of Home Builders (NAHB) posted on Tuesday, based on its analysis of Census Bureau data.
- The most noticeable recent trend in construction employment is the increase in the number and share of Hispanic workers,” NAHB posted on Monday, based on its analysis of labor force statistics from the Census Bureau’s 2022 American Community Survey.