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Construction job openings dropped nearly 40% from a year ago in October, according to a separate report from the Bureau of Labor Statistics released Tuesday. Contractors hired 293,000 workers ...
The National Association of Home Builders/Wells Fargo Housing Market Index rose to 46 this month, the highest since April, from 43 in October. ... Residential construction has been a drag on U.S ...
Meanwhile, hourly wages for undocumented construction workers were 36% lower than for documented workers as of 2023, according to an Ortega analysis for USA TODAY.
50 Divisions refers to the 50 divisions of construction information, as defined by the Construction Specifications Institute (CSI)'s MasterFormat beginning in 2004 ...
The Engineering News-Record (widely known as ENR) is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications and is considered by many to be the "bible" of the industry.
The selection of the proper index to use depends on the industry in which it is applied. For example, while CE, M&S or IC Index are typically employed for chemical process industries, the ENR (Engineering News-Record) construction index is used for general industrial construction and takes in account the prices for fixed amounts of structural steel, cement, lumber and labor.
The ISM survey's forward-looking new orders sub-index increased to 50.4, expanding for the first time since March, from 47.1 in October. The production index was, however, little changed at ...
Index point change ÷ Previous period index level = Proportion of change Proportion of change × 100 = Percent change For example, in the first quarter of 2016, the PPI for final demand increased 0.5 percent because the index levels were 109.7 in March 2016 and 109.1 in December 2015. The percent change is calculated as: 109.7 - 109.1 = 0.6