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Housing starts dropped in March

Housing starts fell 14.7% in March as single-family housing starts declined 12.4%.

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Construction jobs were added in 36 states from February to March

Thirty-nine states added construction jobs from March 2023 to March.

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Contractors were more optimistic in March

The Associated Builders and Contractors’ Construction Confidence Index readings rose and stayed above the threshold of 50.

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Homebuilder sentiment remained positive in April

Builder sentiment was unchanged at 51 in April as the 30-year fixed mortgage rate remained close to 7%.

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Construction material prices climbed in March

Construction material prices rose 0.4% in February and are up 1.7% on a year-over-year basis.

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Construction employment added jobs in March

The industry added 39,000 jobs on net in March and has expanded by 270,000 jobs year over year.

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Construction job openings rose in February

The construction industry registered 441,000 job openings in February, which is up by 16,000 from January.

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Construction spending fell in February

Nonresidential construction spending decreased 1% in February and was down in 15 of the 16 subcategories.

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Construction jobs were added in 31 states from January to February

Thirty-nine states added construction jobs from February 2023 to February.

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Construction starts decreased in February

Construction starts fell 8% in February amid high interest rates and tight credit standards.

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Housing starts climbed in February

Housing starts rose 10.7% in February as single-family housing starts hit the highest level in nearly two years.

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Homebuilder sentiment was positive for the first time since July 2023

Builder sentiment rose three points to 51 in March as the 30-year fixed mortgage rate remained around 7%.

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Construction material prices climbed in February

Construction material prices rose 1.4% in February and are up 1.5% on a year-over-year basis.

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Contractors remained confident in February

The Associated Builders and Contractors’ Construction Confidence Index readings fell but stayed above the threshold of 50.

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Construction jobs were added in 33 states in January

Thirty-seven states added construction jobs from January 2023 to January.

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Construction employment added jobs in February

The industry added 23,000 jobs on net in February and has expanded by 215,000 jobs year over year.

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Construction job openings fell but remained elevated in January

The construction industry registered 413,000 job openings in January, which is down by 21,000 from December 2023.

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Construction spending fell in January

Nonresidential construction spending decreased 0.4% in January, in part because of weather-related factors.

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Construction starts increased in January

Construction starts rose 1% in January amid high interest rates and tight credit standards.

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Housing starts declined in January

Housing starts fell 14.8% in January as multifamily starts plunged 35.8%.

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Construction material prices increased in January

Construction material prices rose 1% in January and are up 0.4% on a year-over-year basis.

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Homebuilder sentiment hits six-month high in February

Builder sentiment rose four points to 48 in February.

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Contractors remained confident in January

The Associated Builders and Contractors’ Construction Confidence Index readings increased in two of the three categories.

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Construction employment added jobs in January

The industry added 11,000 jobs on net in January and has expanded by 216,000 jobs year over year.

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Results are in from the latest market index survey for reroofing

The Quarterly Market Index Survey for Reroofing takes the pulse of the reroofing industry.

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