Payroll employment fell by 0.3% (54,100 jobs) in March. Compared with a year earlier, payroll employment was up 0.2% (32,800 jobs).
News in end use
Prices for Inputs to New US Residential Construction Fell 0.4% in April
Prices for inputs to new residential construction fell 0.4% in April, the BLS and NAHB reported. Prices rose 0.6% year-over-year.
US Mortgage Applications Decline in the Week Ending May 23
Mortgage loan application volume decreased 1.2% on a seasonally adjusted basis from one week earlier, MBA reported.
New Listings of US Homes Reach Highest Level in Nearly Three Years
In the four-week period ending on May 18, new listings of homes for sale rose 8.4% year-over-year to their highest level in nearly three years, Redfin reported.
Investment in Canadian Building Construction Falls 0.9% in March
Total investment in building construction declined 0.9% in March to CA$22.2 billion.
FHFA Home Price Index Climbs 4.0% Year-Over-Year in Q1
The Federal Housing Finance Agency reported that US house prices rose 4.0% year-over-year in Q1, according to the FHFA House Price Index.
S&P CoreLogic Case-Shiller Index Reports 3.4% Annual Gain in US Home Prices in March
The CoreLogic Case-Shiller US National Home Price NSA Index posted a 3.4% annual gain in March, down from 4.0% in the previous month.
State-Level Construction Sector Employment Data for April
Nationally, the construction industry added a net 11,000 jobs in April, the BLS and NAHB reported.
US Consumer Confidence Index Rebounds in May
The Conference Board Consumer Confidence Index rose 12.3 points in May to 98.0.
US New Residential Single-Family Home Sales Increase 10.9% in April
New single-family home sales in April increased 10.9% to a seasonally adjusted annual rate of 743,000.