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WASHINGTON (Nov. 1, 2022) — The construction industry had 422,000 job openings in September, according to an Associated Builders and Contractors’ (ABC) analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS). JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 36,000 last month and are up 74,000 from a year ago.
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Data from the AIA Architectural Billings Index, Annual Value of Construction Put in Place Update
HAMILTON, N.J. (Oct. 20, 2022) — Total construction starts decreased 19% in September to a seasonally adjusted annual rate of $1.02 trillion, according to Dodge Construction Network. In September, nonresidential building starts dropped 23%, residential starts fell 11% and nonbuilding starts declined by 25%.