Almanac Market Data

Woodworking Industry News

ABC: Private nonresidential construction slows for fourth straight month

WASHINGTON — Total nonresidential construction spending was virtually unchanged in January, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.245 trillion.Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending was down 0.4%, while public nonresidential construction spending was up 0.6% in January.

Woodworking Industry News

Construction job openings rebound

WASHINGTON, D.C. — The construction industry had 292,000 job openings on the last day of December, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 8,000 in December and are up by 87,000 from the same time last year.