While the Federal Reserve finally began to cut interest rates in the second half of the year, overall construction growth was modest in 2024, according to Dodge Construction Network.
Revised jobs report cuts the previous number by 0.5%, or 818,000 jobs, but one expert says it won't have much effect on unemployment rate data or future policymaking.
Revised jobs report cuts the previous number by 0.5%, or 818,000 jobs, but one expert says it won't have much effect on unemployment rate data or future policymaking.
<p>Public work continues to spur growth in the construction industry in the second quarter as contractors wait for interest rates to decline in the second half of the year.</p>