Your source for construction industry news in the Carolinas
WASHINGTON, March 2, 2020 — National nonresidential construction spending increased by 1.6% in January and is up 5.1% on a year-ago basis, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled a record $806.9 billion in January. Private nonresidential spending…
Construction spending rose 4.1 percent from November 2018 to November 2019, while industry employment grew in 226, or 63 percent, out of 358 metro areas, according to a new analysis of federal data released today by the Associated General Contractors of America. Association officials noted that its recent survey found most contractors are optimistic about the dollar…
National nonresidential construction spending declined 0.3% in November but is up 5.1% year over year, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, spending totaled $781.1 billion, 1.8% lower than the cyclical peak in April 2019. Private nonresidential spending fell…
GroundBreak Carolinas is pleased to share thoughts and insights from key leaders in the construction industry from North Carolina and South Carolina. Harrison Barnes, Sentinel Risk Advisors,shares his thoughts on the construction industry: What are your thoughts on the Carolina Construction economy in 2019?From our vantage point, all observations and indications forecast a robust construction…
GroundBreak Carolinas is pleased to share thoughts and insights from key leaders in the construction industry from North Carolina and South Carolina. Ryan Krishnan, a Senior Recruiter with Dixon Hughes Goodman LLP, shares his thoughts on the construction industry: What are your thoughts on the Carolinas Construction economy in 2019? As a recruiter, we have…
GroundBreak Carolinas is pleased to share thoughts and insights from key leaders in the construction industry from North Carolina and South Carolina. Bill Caldwell, Chairman & CEO of Waldrop Mechanical Services, shares his thoughts on the construction industry: What are your thoughts on the Carolinas Construction economy in 2019? The Carolinas’ construction economy for 2019…
GroundBreak Carolinas is pleased to share thoughts and insights from key leaders in the construction industry from North Carolina and South Carolina. Dave Simpson, President and CEO of Carolinas AGC, shares his thoughts on the construction industry: What are your thoughts on the Carolinas’ Construction economy in 2019? We are very optimistic at Carolinas AGC…
While the overall construction economy is strong, there have been mixed predictions about the industry going into 2019. One industry leading economist, Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine….
During the last few years, the construction economy in North Carolina and South Carolina has been strong. As we head into 2019, trade wars, rising material prices, economic uncertainty, work force shortages and numerous other factors could impact the industry. The GroundBreak Carolinas staff is interested in your thoughts and feedback on the Carolinas’ construction…
National nonresidential spending increased 0.1 percent in October, according to an Associated Builders and Contractors analysis of U.S. Census Bureau data released today. Total nonresidential spending for the month stood at $763.8 billion on a seasonally adjusted annualized rate, which represents a 7.3 percent increase over the same time last year. Thirteen out of 16…
