U.S. Bureau of Labor Statistics

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Inflation Grows at Slowest Pace Since January

Despite some cooling for overall inflation, the cost index for shelter continued... More

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Jobs Report

The unemployment rate and the number of unemployed individuals remained... More

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Economic Outlook: 390,000 Jobs Added in May

May’s nonfarm payroll growth suggests labor market moderation as the economy nears... More

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The Labor Market Remains Healthy But Dark Clouds Are Gathering

Rising wages could put additional inflationary pressure on the economy. More

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Building Material Prices Continue to Rise

According to the latest Producer Price Index, building material prices have... More

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Lumber Price Volatility at 75-Year High

Building material prices increased 15.9% in 2021 and have increased 18.6% since... More

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Softwood Lumber Costs Up Nearly 30% Since April

Prices paid for goods used in residential construction increased 1.8%, according... More

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Construction Hiring Rate Remained Strong in June

Construction sector hiring was strong in both May and June after an accelerated pace of layoffs early in the coronavirus pandemic, according to BLS data. More

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Construction Jobs Rise By Nearly Half a Million in May

Industry employment figures still sit nearly 600,000 below the most recent peak in... More

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Data Illustrates Significant Construction Layoffs in March

Backward-looking data shows the extent of the economic toll coronavirus-related... More

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