Your source for construction industry news in the Carolinas
Hurricanes Harvey and Irma May Have Affected September Job Totals for Construction and Overall Economy; Association Officials Say Firms Likely Would Have Hired More Workers but Lacked Qualified Candidates Construction employment increased by 8,000 jobs in September to the highest level since October 2008, amid a tight labor market that may be keeping contractors from…
Kermit Baker, PH.D., chief economist for the American Institute of Architects (AIA) for more than 20 years, will kick-off the morning session at Clemson University’s Second Annual Symposium for the construction industry with the morning’s keynote session, titled “Construction Outlook: Challenges and Opportunities.” Dr. Baker will provide a comprehensive overview of the economic issues and trends…
Forty-one states added construction jobs between June 2016 and June 2017 amid continuing widespread demand for construction services, while 25 states and the District of Columbia added construction jobs between May and June, according to an analysis by the Associated General Contractors of America of Labor Department data recently released. Association officials said the smaller…
Construction spending dipped slightly in March, just one month after building activity hit an all-time high. According to the Commerce Department, construction spending slipped 0.2 percent in March to a seasonally adjusted $1.218 trillion. Last month, construction spending rose 1.8 percent to a record high of $1.22 trillion. “Construction spending totals during the past two months are at…
Momentum in the construction industry continued on a positive note as the Dodge Momentum Index increased by 0.9% in March to 144.4 (2000=100) from its revised February reading of 143.2. For six consecutive months, the Momentum Index has risen. Much of the gain being driven by institutional projects entering planning while commercial projects so far in…
Construction input prices expanded 0.3 percent on a monthly basis and 4.8 percent on a year-over-year basis in February, according to analysis of U.S. Bureau of Labor Statistics (BLS) data released today by Associated Builders and Contractors (ABC). This represents the most rapid yearly growth in construction input prices in more than five years. Only…
FMI Corporation, the leading provider of management consulting and investment banking services to engineering and construction, infrastructure and the built environment, is pleased to announce the release of its “2017 U.S. Markets Construction Overview.” The publication offers comprehensive construction forecasts for a broad range of market segments and geographies and provides valuable insights from FMI…
