Posts Tagged ‘ construction ’

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


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 […]

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 […]