Posts Tagged ‘ construction ’

January Construction Slides 13 Percent

Feb 25th, 2014

The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which was the third highest month for total construction starts during 2013. January’s retreat encompassed all [...]

Construction Industry Adds 48,000 Jobs in January

Feb 11th, 2014

Construction employment jumped by the largest monthly amount in nearly seven years in January, bringing industry employment to the highest level since July 2009, according to an analysis of new government data by the Associated General Contractors of America (AGC). “Despite a second month of unusually severe weather in much of the nation, contractors more [...]

Construction Spending Rises 0.1 Percent in December

Feb 4th, 2014

Total construction spending increased 0.1 percent in December and rose by 4.8 percent for all of 2013, as a robust market for apartments and single-family houses outweighed downturns in private nonresidential and public projects, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC). “Residential construction ended on [...]

Construction Employment Increases in 34 States from a Year Ago

Jan 30th, 2014

Construction firms added jobs in 34 states over the past 12 months, but construction employment declined in 32 states and the District of Columbia between November and December as many parts of the country coped with weather, according to an analysis released yesterday by the Associated General Contractors of America of Labor Department data. “While [...]

New Construction Starts Improve 5 Percent in December

Jan 24th, 2014

New construction starts grew 5 percent in December to a seasonally adjusted annual rate of $554.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Although both nonresidential building and housing settled back during the final month of 2013, the nonbuilding construction sector (public works and electric utilities) finished the year on [...]

Nonresidential Construction Employment Declines in December

Jan 13th, 2014

National construction employment decreased by 16,000 jobs in December, according to a January 10 report by the U.S. Department of Labor. Nonresidential construction saw the bulk of job losses, contributing 88.1 percent of total construction industry job loss and losing 14,100 positions on a monthly basis, according to a report from Associated Builders and Contractors [...]

Construction Employment Increased in 211 Out of 339 Metro Areas Between November 2012 and 2013

Jan 2nd, 2014

Construction employment expanded in 211 metro areas, declined in 67 and was stagnant in 61 between November 2012 and November 2013, according to a new analysis of federal employment data released this week by the Associated General Contractors of America (AGC). AGC officials say the employment gains are encouraging, but caution that future gains are [...]

Construction Materials Prices Remain Stable in November

Dec 16th, 2013

Overall, construction materials prices fell 0.5 percent in November and are up only 1.1 percent year over year, according to the Department of Labor’s December 13 Producer Price Index. Nonresidential construction materials are down 0.6 percent for the month and are 0.7 percent lower than the same time last year. “November represented another month of [...]

Construction Employment Increased in 215 Out of 339 Metro Areas Between October 2012 and 2013

Dec 5th, 2013

Construction employment expanded in 215 metro areas, declined in 74 and was stagnant in 50 between October 2012 and October 2013, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials added that despite the widespread jobs gains, construction employment remains below peak levels in 315 [...]

Will the Government Shutdown Affect Your Business?

Oct 1st, 2013

capital

If you’re thinking today’s shutdown of parts of the Federal government, due to the budget impasse in Congress, will have no impact on your company’s business, you may want to think again. The Department of Consumer and Regulatory Affairs, which issues building licenses and permits, housing code inspections and construction permits in D.C., is among [...]