US nonresidential construction employment increased by 19,000 positions in April, led by gains in specialty trade contractors, ABC reported.
News in end use
US Consumer Price Index Rises 3.8% Year-Over-Year in April
The Consumer Price Index for All Urban Consumers rose 0.6% in April on a seasonally adjusted basis and 3.8% year-over-year.
NFIB Small Business Optimism Index Inches Higher in April
The NFIB Small Business Optimism Index rose 0.1 points to 95.9 in April, remaining below the 52-year average of 98 for a second month.
US Existing-Home Sales Edge Higher in April
Existing-home sales rose 0.2% in April to a seasonally adjusted annual rate of 4.02 million, NAR reported.
US Pending Home Sales Reach Highest Level Since September 2022
US pending home sales rose 7.7% year-over-year in the four weeks ending May 3, reaching their highest level since September 2022, Redfin reported.
US Commercial and Multifamily Borrowing Increases in Q1
Commercial and multifamily mortgage loan originations increased 52% year-over-year in Q1, while declining 30% from 2025Q4, MBA reported.
Private US Residential Construction Spending Increases in March
Private US residential construction spending increased 1.7% in March, with gains in single-family, multifamily, and remodeling activity.
US Nonfarm Payroll Increases by 115,000 in April; Unemployment at 4.3%
US nonfarm payroll employment increased by 115,000 in April, while the unemployment rate held steady at 4.3%.
University of Michigan Releases Preliminary Results of Its Consumer Sentiment Index for May
The Index of Consumer Sentiment fell to 48.2 in May, down 3.2% from April and 7.7% from a year ago.
Canadian Employment Falls by 18,000 in April; Unemployment at 6.9%
Canadian employment fell by 18,000 in April, while the unemployment rate increased to 6.9%.

