Economic Indicators

This list of monthly and quarterly economic indicators pertinent to the architecture industry can be used to help you make better business decisions and plan for the future by comparing economic trends within the industry. All indicators are updated monthly except for revenue and GDP, which are updated quarterly.

The economic indicators are updated on the first Friday of each month. They were last updated March 10, 2017.

National employment (nonfarm payroll)

Employment  for February 2017 was reported at 145,798,000 employees. This is a 0.2 percent increase from 145,563,000 reported in January. This is a 1.6 percent increase from 143,448,000 reported in February 2016. The unemployment rate decreased slightly  to 4.7 percent. Job growth occurred in construction, private educational services, manufacturing, health care, and mining.

Architectural services employment

Employment for the architectural services industry was reported at 184,900 employees for January 2017, a 0.1 percent decrease from 185,000 employees reported in December 2016. January’s employment shows a 3.1 percent increase from January 2016’s employment of 179,400 employees.

Construction employment

Employment for the construction industry was reported at 6,881,000 employees for February 2017, a 0.9 percent increase from 6,823,000 employees reported in January 2017. February’s employment shows a 3.3 percent increase from February 2016’s employment of 6,662,000 employees.

Source

Bureau of Labor Statistics: Construction employment (national, seasonally adjusted); Architectural services employment (national, seasonally adjusted); National employment (nonfarm payroll); PPI: New nonresidential building construction (not seasonally adjusted); PPI: New School building construction (not seasonally adjusted); PPI: New office building construction (not seasonally adjusted); PPI: New health care building construction (not seasonally adjusted); PPI: Architectural services; PPI: Residential building projects; PPI: Nonresidential building projects.

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