Tag: YoY
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Apartment starts rise 16% YOY in August
Dive Brief: Starts for buildings with five or more units fell 11% month over month in August and rose 15.8% year over year to a seasonally adjusted rate of 403,000 apartments, according to the monthly report from HUD and the U.S. Census Bureau. Apartment developers pulled permits for a seasonally adjusted rate of 403,000 apartments…
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Construction job openings drop 42% YOY as labor churn accelerates
Listen to the article 2 min This audio is auto-generated. Please let us know if you have feedback. Dive Brief: U.S. construction measured 236,000 open, unfilled jobs on the last day of January, a 42% drop from the same month in 2024, according to data from the Bureau of Labor Statistics released March 11. The…
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ABC: Material Costs Down 0.2% in December, Up 0.9% YoY
One of the many economic indicators we’re all watching is the price of materials in the construction industry. With political and economic changes in the mix, what can contractors expect for prices in 2025? Associated Builders and Contractors (ABC) offers a glimpse. According to ABC: Construction input prices decreased 0.2% in December compared to the previous month,…