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state and local markets

  • Construction Statistics

Single-Family Permits Up in March 2024  

Danushka Nanayakkara-SkillingtonMay 14, 2024May 13, 2024

Over the first three months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 241,311. On a year-over-year (YoY) basis, this is an increase of 25.9% over the March 2023 level of 191,695. Year-to-date ending in March, single-family permits were up…

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  • Employment/Labor

State Level Employment Situation: March 2024

Danushka Nanayakkara-SkillingtonApril 19, 2024May 7, 2024

Nonfarm payroll employment increased in 44 states in March compared to the previous month, while six states and the District of Columbia saw a decrease. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 303,000 in March, following a gain…

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  • Construction Statistics

Single-Family Permits Performing Well in February 2024

Danushka Nanayakkara-SkillingtonApril 12, 2024May 7, 2024

Over the first two months of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 155,236. On a year-over-year (YoY) basis, this is an increase of 38.4% over the February 2023 level of 112,131. Year-to-date ending in February, single-family permits were up…

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  • Macroeconomics

2023 State-Level GDP Data

Danushka Nanayakkara-SkillingtonMarch 29, 2024May 7, 2024

Real gross domestic product (GDP) increased in 49 states and the District of Columbia in 2023 according to the U.S. Bureau of Economic Analysis (BEA). Delaware is the only state to report an economic contraction last year. The percent change in real GDP ranged from a…

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  • Employment/Labor

State Level Employment Situation: February 2024

Danushka Nanayakkara-SkillingtonMarch 22, 2024May 7, 2024

Nonfarm payroll employment increased in 43 states and the District of Columbia in February compared to the previous month, while seven states saw a decrease. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 275,000 in February, following a gain…

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  • Construction Statistics

Strong Rebound in Single-Family Permits at the Start of 2024

Danushka Nanayakkara-SkillingtonMarch 15, 2024May 7, 2024

Over the first month of 2024, the total number of single-family permits issued year-to-date (YTD) nationwide reached 75,906. On a year-over-year (YoY) basis, this is an increase of 43.1% over the January 2023 level of 53,062. Year-to-date ending in January, single-family permits were up in…

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  • Employment/Labor

Job Growth Continues to be Strong Across Most States at the Start of 2024

Danushka Nanayakkara-SkillingtonMarch 11, 2024May 7, 2024

Nonfarm payroll employment increased in 42 states and the District of Columbia in January compared to the previous month, while eight states saw a decrease. According to the Bureau of Labor Statistics, nationwide total nonfarm payroll employment increased by 229,000 in January, following a gain…

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