Your source for construction industry news in the Carolinas
According to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics, construction employment expanded by 38,000 net new jobs in December. Across the industry, employment is up by 280,000 year-over-year, an increase of 4.0 percent. Nonresidential employment grew by 35,800 net new positions over the previous month,…
Industry’s Job and Pay Gains Outpace Overall Economy; Association Survey Finds Contractors Plan To Add Workers, Invest in Training and Technology in 2019 but Expect Difficulty in Filling Positions Construction employment increased by 38,000 jobs in December and by 280,000 jobs, or 4.0 percent, over the past year, while the industry’s average pay accelerated and unemployment…
Seventy-nine percent of firms plan to hire, but are concerned about their ability to find workers. Seventy-nine percent of construction firms plan to expand their payrolls in 2019 but an almost equal percentage are worried about their ability to locate and hire qualified workers, according to survey results released today by the Associated General Contractors…
GroundBreak Carolinas is pleased to share thoughts and insights from key leaders in the construction industry from North Carolina and South Carolina. Chris Moore, CarolinaPower shares his thoughts on the construction industry: What are your thoughts on the Carolinas’ Construction industry? Work is abundant for 2019 and even extending into 2020. As we continue to…
Estimated November construction unemployment rates fell nationally and in 44 states on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. As the November 2018 not seasonally adjusted national construction unemployment rate fell 1.1 percent from a year ago to 3.9 percent, the…
By: Rachel Novotny, eSub It’s difficult to tell what the top issues facing the construction industry will be year to year. There are always trends at the end of 2018 that are likely to continue into 2019, but things change year over year. Here are some of our predictions for the top issues facing the…
GroundBreak Carolinas is pleased to share thoughts and insights from key leaders in the construction industry from North Carolina and South Carolina. Frank Elmore, Elmore Goldsmith, shares his thoughts on the construction industry: What are your thoughts on the Carolinas’ Construction industry? The skilled worker shortage will continue to be an issue. I believe theCarolinas…
Four newly registered electricians in Upstate South Carolina were lauded by their respective employers, course instructors and others at a private graduation ceremony last month. The celebration recognized the group’s successful completion of a rigorous four-year, S.C. Department of Labor registered electrical apprenticeship program. Registered apprenticeships are employer-sponsored training programs that produce highly skilled…
Carolinas Associated General Contractors (Carolinas AGC) is pleased to announce its 2019 Board of Directors. Chair: Ron Brown, State Utility Contractors, Inc.Chair Elect: Casey Schwager, Sloan Construction Company, Inc.Treasurer: Charlie Wilson, C. T. Wilson Construction CompanyVice Chair: Mark Johnnie, Balfour BeattyImmediate Past Chair: Paul Mashburn, Mashburn Construction Co., Inc.CAGC President & CEO: Dave Simpson, CAE, Carolinas AGCBuilding Division Chair: Dean Wilson, DeanWilson@hoodconstruction.comUtility Division Chair: David Stike,…
Key Takeaways Due to high demand, absorption will continue to be positive; however, due to new construction growth, the vacancy rate is expected to rise in the next few quarters. Charleston overall market rental rates are higher relative to the last quarter and are expected to rise as new office construction is completed. As the…
