Construction Law

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for May 2015.  According to the data, building permits for privately-owned housing units in May were at a seasonally adjusted annual rate of 1,275,000, up 11.8…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for April 2015 was estimated at a seasonally adjusted annual rate of $1,006.1 billion.  This rate is an increase of 2.2 percent from the revised March estimate of $984.0 billion.  Compared…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for April 2015.  According to the data, building permits for privately-owned housing units in April were at a seasonally adjusted annual rate of 1,143,000, up 10.1…

As recently reported by the Bureau of Labor Statistics (BLS), the construction industry has added 45,000 jobs in the month of April.  Along with the job increase, the construction unemployment rate has dropped to 7.5% from the previous month’s rate of 9.4%, as well as…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for March 2015 was estimated at a seasonally adjusted annual rate of $966.6 billion.  This rate is a decrease of 0.6 percent from the revised February estimate of $972.9 billion.  Compared…

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for March 2015.  According to the data, building permits for privately-owned housing units in March were at a seasonally adjusted annual rate of 1,039,000, down 5.7…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for February 2015 was estimated at a seasonally adjusted annual rate of $967.2 billion.  This rate is a slight decrease of 0.1 percent from the revised January estimate of $967.9 billion. …

The U.S. Census Bureau and the Department of Housing and Urban Development have recently announced new residential construction statistics for February 2015.  According to the data, building permits for privately-owned housing units in February were at a seasonally adjusted annual rate of 1,092,000, up 3.0…

According to the U.S. Census Bureau of the Department of Commerce, total construction spending for January 2015 was estimated at a seasonally adjusted annual rate of $971.4 billion.  This rate is a decrease of 1.1 percent from the revised December estimate of $982.0 billion.  Compared…