Ed Z
@edzarenski.bsky.social
Construction Economic Analyst/Author, 30yr construction cost estimating/system developer, past runner, dogdad, granddad. PSU. Teach astronomy. Speaker. Construction Analytics Blog http://edzarenski.com
Important that inputs costs does not reflect final cost of inflation. For nonres bldgs inflation.
last 36 months total 14%
prior 24 months 22%
last 36 months total 14%
prior 24 months 22%
November 26, 2025 at 3:07 PM
Important that inputs costs does not reflect final cost of inflation. For nonres bldgs inflation.
last 36 months total 14%
prior 24 months 22%
last 36 months total 14%
prior 24 months 22%
Final Demand for Nonres Bldgs is up 1.2% ytd vs avg 2024. However, Oct is the revision month for Q3 Final Demand data, so data not finalized for Q3.
November 26, 2025 at 1:31 PM
Final Demand for Nonres Bldgs is up 1.2% ytd vs avg 2024. However, Oct is the revision month for Q3 Final Demand data, so data not finalized for Q3.
"TPS recipients contribute over $36B in annual GDP. Withdrawing their work authorization could add to labor shortages in construction, ..."
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Over 700,000 TPS recipients lose legal status by the end of 2025, including 550,000 who are legally working. TPS recipients contribute over $36B in annual GDP. Withdrawing their work authorization could add to labor shortages in construction, cleaning, and hospitality, especially in FL, TX, NY
550,000 Workers Lose Status by End of 2025: Potential Impact by State and Industry — Penn Wharton Budget Model
Over 700,000 Temporary Protected Status (TPS) recipients lose legal status by the end of 2025, including 550,000 who are legally working. We estimate that TPS recipients contribute over $36 billion in...
budgetmodel.wharton.upenn.edu
November 21, 2025 at 1:25 PM
"TPS recipients contribute over $36B in annual GDP. Withdrawing their work authorization could add to labor shortages in construction, ..."
bsky.app/profile/cram...
bsky.app/profile/cram...
Broad views like this can be a little misleading. For ex. Some Nonres Bldgs jobs are actually building residential space. Think high-rise residential.
November 18, 2025 at 11:56 AM
Broad views like this can be a little misleading. For ex. Some Nonres Bldgs jobs are actually building residential space. Think high-rise residential.
The decline in Manufacturing construction spending is due to having passed the peak in the scheduled project timelines. In 2024 mnfg spending was $235bil. In 2025 it started the year at a rate of $$225bil but will end the year at $200bil. By the end of 2026 the rate of spending drops to $170bil.
November 14, 2025 at 1:43 PM
The decline in Manufacturing construction spending is due to having passed the peak in the scheduled project timelines. In 2024 mnfg spending was $235bil. In 2025 it started the year at a rate of $$225bil but will end the year at $200bil. By the end of 2026 the rate of spending drops to $170bil.
So, in the above, actual spending is thru July. The forecast is added for Aug and Sep to find how we would fare at this point in 2025 v 2024. It's minimally changed from July ytd. Rsdn is headed to end down -5% at year end.
November 5, 2025 at 5:19 PM
So, in the above, actual spending is thru July. The forecast is added for Aug and Sep to find how we would fare at this point in 2025 v 2024. It's minimally changed from July ytd. Rsdn is headed to end down -5% at year end.