329 Metro Areas Added Construction Jobs In May As New Survey Results Highlight Dangers Many Workers Will Face In Highway Work Zones
New Survey by the Associated General Contractors of America and HCSS Catalogs Work Zone Risks for Motorists and Workers as Construction Activity Increases Amid Growing Number of Road Trip Vacationers Construction employment increased in 329 out of 358 metro areas between April and May as a new survey finds that two-thirds of highway construction firms had at least one…
Culture of Care Initiative Challenges Industry Leaders to Embrace Diversity and Inclusion
Culture of CARE, a joint initiative of AGC of America and AGC of Washington, is challenging leaders to take a bold and visible step toward ensuring their workplaces are welcoming, safe, and inclusive for an increasingly diverse and talented pool of workers. “We encourage construction firms across the Carolinas to join this effort by taking…
11 New Trends in Concrete Technology
Construction is one of the later industries to hop on the technology transformation train. Concrete contractors are striving to increase efficiency by developing newer technology to implement in their processes. With the right scope and design, your team can collaborate in a way that works best for the owner and client. There are new trends…
Essential Marketing Tips for Entrepreneurs: Growing Your Electrical Contracting Business in 2020
As professionals, electricians usually overlook the marketing side of their business, depending heavily on things like recommendations. While in the past, that might have been a great way to drum up business, today’s market is an entirely different affair. COVID-19 has made face-to-face marketing a hazardous matter, so where are electricians to turn for getting…
Construction Input Prices Rise in May, Says ABC
WASHINGTON, June 11, 2020 — Construction input prices rose 0.8% in May compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices rose by 0.8% for the month as well. Of the 11 subcategories, only three experienced…
Marcum Issues 1st Quarter Construction Index
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…
Nonresidential Construction Spending Falls in April, Says ABC
WASHINGTON, June 1, 2020 — National nonresidential construction spending decreased by 1.8% in April, 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 $801.8 billion for the month, a 0.9% increase from April 2019. Of the 16 subcategories, 13 were…
Autodesk Construction Cloud Adds Assets Module, Allowing Teams to Track Project Assets Through Entire Building Lifecycle
Autodesk, Inc. (NASDAQ: ADSK) today announced the early release of the BIM 360 Assets module within Autodesk Construction Cloud. The BIM 360 Assets module enables construction teams to track and manage project assets through the entire building lifecycle – from design through handover – from one centralized location. The new module also gives construction teams increased access…
ABC Economist on Economic Recovery for Nonresidential Construction
WASHINGTON, May 15, 2020 —Associated Builders and Contractors Chief Economist Anirban Basu warned the economic recovery following the COVID-19 outbreak would be quite different for the nonresidential construction industry compared to previous recessions, according to an economic outlook published in Construction Executive magazine. Normally, construction backlog, which stood at 8.2 months in February, according to ABC’s…
CORE+Flex: The Labor Strategy Contractors are Implementing as Crisis Restrictions Ease Up
Press Release Construction contractors learned, out of necessity, how to approach labor strategy back in 2011 through 2015 as the Great Recession-crippled economy slowly rebounded. Because of industry uncertainty at the time, they found it safer and prudent to run a much leaner full-time workforce than prior to the 2009 recession, comprised only of their…
