Your source for construction industry news in the Carolinas
Marcum LLP, a leading advisory firm, released their 2024 Construction Survey that identifies critical industry trends amid economic uncertainty. Some broad trends are evident in this year’s survey of construction industry leaders. Some are all too familiar, such as the ongoing struggle to find and retain skilled labor. Others show new approaches or opinions in…
The Marcum Commercial Construction Index for the third quarter of 2020 reports that the industry continues to recover jobs lost from the recession caused by COVID-19. Construction employment has rebounded since plummeting in March and April, and the industry’s unemployment rate stands at 6.8% as of October, just below the 6.9% percent rate observed across all industries….
The Marcum Commercial Construction Index for the first quarter of 2020 reports an industry suffering the adverse effects of COVID-19. Construction employment fell by nearly one million jobs from March to April 2020, a decrease of 12.8 percent. The industry’s unemployment rate increased from 6.9 percent in March to 16.6 percent in April, the highest level since…
Against the backdrop of record continued strength in the U.S. economy, nonresidential construction ended 2018 up 4.0 percent year-over-year for the month of December, while employment in the sector grew 2.6%, reports the Marcum Commercial Construction Index for the fourth quarter of last year. The index is produced by Marcum’s National Construction Services group. The…
