Posts Tagged ‘ construction ’

Construction Spending Rises 0.6 Percent in July

Sep 5th, 2013

The nation’s builders were busy in July as construction spending increased 0.6 percent to $900.8 billion—the largest upswing in four years—according to the September 3 report by the U.S. Commerce Department. Nonresidential construction spending also rose 0.6 percent in July, but is down 0.8 percent compared to one year ago. Private nonresidential construction spending grew [...]

Construction Employment Gains Remain Spotty in July

Aug 20th, 2013

Construction employment continued its spotty improvement in July, as more states posted year-over-year gains, but most states posted decreases compared with June, according to an analysis by the Associated General Contractors (AGC) of America of Labor Department data. Association officials said the steady improvement in employment in many states was welcome news, but cautioned that [...]

June Construction Settles Back One Percent

Jul 23rd, 2013

New construction starts in June receded one percent to a seasonally-adjusted annual rate of $489.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building lost momentum in June after strengthening during the previous two months, and housing experienced a pause from its recent upward trend. For the first six months [...]

Construction Employment Increases in 30 States from February to March

Apr 30th, 2013

A recent report from the Bureau of Labor Statistics shows that construction employment rose in 30 states from February 2013 to March 2013. The largest increase was seen in Connecticut, where those employed in construction rose from 50,700 to 53,600—an increase of 5.7 percent. Additionally, Arkansas saw an increase in construction-related employment from 44,300 to [...]

84 Lumber Announces Builder Incentives in “We Build American” Campaign

Apr 5th, 2013

As the housing market continues to rebound, 84 Lumber announced that, as part of its “We Build American” program, the company will offer a unique assortment of promotional and marketing assistance to builders who pledge to use American building materials and products wherever possible in new home construction. It was recently announced that housing starts [...]

Builder Confidence Slips Two Notches in March

Mar 19th, 2013

Builder confidence in the market for newly built, single-family homes paused for a third consecutive month in March, with a two-point reduction to 44 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released yesterday. “In addition to tight credit and below-price appraisals, home building is beginning to suffer growth pains as [...]