April, 2023 | Eye On Housing

Construction Job Openings Trending Lower

Robert DietzApril 4, 2023

The count of open, unfilled jobs for the overall economy declined again in February, falling to 9.9 million, after an 11.2 million reading in December, which was the highest level since July, and 10.6 million in January. The count of total job openings should fall…

Private Residential Construction Spending Declines in February

Na ZhaoApril 3, 2023

Private residential construction spending declined 0.6% in February, as spending on single-family construction decreased 1.8%. Spending declined for the ninth month in a row amid elevated mortgage interest rates. Consequently, private residential construction is 5.7% lower compared to a year ago. The monthly decline is…