Tag: U.S. Labor Department

Business

Construction loses 20k jobs in November

Good news for the economy today as the latest U.S. Labor Department figures show that 146,000 jobs were added in the month of November while unemployment fell to 7.7 percent — the lowest that rate been since December 2008. However, the construction industry did not share in that good news, losing 20,000 jobs in November. […]

December 7, 2012

Business

Construction materials prices dip 0.4 percent in October

National construction materials prices fell 0.4 percent in October, according to the U.S. Labor Department’s producer price index (PPI). This was the first time in three months these prices have decreased. Materials prices are 2 percent higher year-over-year. Nonresidential construction materials prices decreased 0.5 percent for October, but were 1.8 percent higher than one year […]

November 19, 2012