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Home » Authors » Ken Simonson

Articles by Ken Simonson

Construction Hiring Rises, Openings Stay Scarce, Bid Prices Inch Up

Ken Simonson
November 11, 2011
No Comments
The hires rate in construction jumped to 7.3 percent in September from 5.6 percent in August and 5.9 percent in September 2010.
Read More

PPI, Highway Index Show Contractors' Cost Squeeze; Reed, Census Starts Are Volatile

Ken Simonson
October 24, 2011
No Comments
The producer price index for inputs to construction industries - a weighted average of the price of all goods used in every type of construction, plus items consumed by contractors, such as diesel fuel - was flat for September but up 8.1 percent over the September 2010 level.
Read More

MHC Says Starts Rise In August; Housing Is Mixed; Retail Remains Weak; Industrial Gains

Ken Simonson
September 26, 2011
No Comments
The pickup for total construction in August was the result of greater activity for each of construction’s three main sectors - nonresidential building [7 percent], residential building [4 percent] and nonbuilding construction [13 percent]. For the first eight months of 2011, total construction on an unadjusted basis was down 6 percent from the same period a year ago.
Read More

Construction Stayed Weak In New Beige Book Survey; NAHB Says Multifamily Improved

Ken Simonson
September 15, 2011
No Comments
"Reports from the 12 Federal Reserve districts indicated that economic activity continued to expand at a modest pace, though some districts noted mixed or weakening activity," the Fed reported.
Read More

Construction Spending Climbs In June; Metro Areas Divide Between Job Gains, Losses

Ken Simonson
August 2, 2011
No Comments
Construction spending totaled $772 billion at a seasonally adjusted annual rate in June, up 0.2 percent from the rate in May but down 4.7 percent from June 2010, the Census Bureau reported Aug. 1.
Read More

Construction Spending Hits 11-Yr. Low, ARRA Added Jobs

Ken Simonson
July 6, 2011
No Comments
Construction spending in May totaled $753 billion at a seasonally adjusted annual rate, the sixth consecutive monthly decrease and the lowest figure since 1999, the Census Bureau reported July 1.
Read More

April PPI For Inputs Again Outpaces Finished Building Prices

Ken Simonson
May 13, 2011
No Comments
The PPI for inputs to construction industries - a blend of all materials used in every type of construction, plus items consumed by contractors such as diesel fuel - rose 1.4 percent and 7.1 percent, respectively.
Read More

Construction Adds Jobs In February; More Coming, Manpower Survey Finds

Ken Simonson
March 8, 2011
No Comments
Construction employment rose by 33,000, the largest gain in nearly four years, but much of the increase may have represented catch-up from a weather-exacerbated drop of 22,000 jobs in January.
Read More

Dec. Construction Jobs Fall; Industrial, Office, Apartment Markets Worsen

Ken Simonson
January 13, 2010
No Comments
Construction employment fell by 53,500 (-0.9 percent), accounting for more than 60 percent of total losses for December 2009, and by 934,000 (14 percent) for the year.
Read More

Construction News--Value of Construction Put In Place Hits Record High

Ken Simonson
March 4, 2003
No Comments
January's value of construction put in place jumped to a record seasonally adjusted annual rate of $878 billion, the Census Bureau reported today.
Read More
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