Total Construction Spending remains not updated since October 2025 but Employment is jumping with a series revised from Jan 2021. A good look into the US economic pace comes from multiple corporate reports better than expected and the recent bump higher in construction employment through Jan 2026. We see acceleration!!
Market psychology as reflected in the PMI(Manufacturing Purchasing Manager Index) has finally popped over 50 for Jan 2026 and I expect to see it move higher from here. Total Construction Spending is likely to follow with many new starts for manufacturing facilities and a record rise in Industrial Capacity already reported.
The rule of thumb is that you hire new employees to clear ‘green sites’ which is the early and low cost part of any project before the foundation, utilities and etc(more expensive) go into the ground.
