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PRICES & SPENDING   •  Nov 2023  •  Volume 12 / Number 17
Nonresidential building construction overhead and profit markups: 2018 through 2022

Nonresidential building construction overhead and profit markups: 2018 through 2022

In 2004, the Producer Price Index (PPI) introduced indexes tracking the average changes in prices received by the nonresidential building construction sector. For these calculations, PPI has collected information describing costs for labor and materials, as well as builder overhead and markup for construction activities. This Beyond the Numbers article provides updated information that supplements two previous articles from the PPI relating to nonresidential building construction.

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As manufacturing sector changes, production occupations disappear: an analysis of employment from 2007–20

From 2010 to 2020, national employment increased by 12 million jobs, or 9.4 percent, recovering beyond pre-Great Recession levels. At the same time, the manufacturing sector recovered only about 600,000 (24 percent) of the 2.5 million jobs lost during the Great Recession. Similarly, production occupations within the manufacturing sector recovered only about 200,000 (13 percent) of the 1.5 million jobs lost.


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