Dodge Momentum Index Inches Up in August
The Dodge Momentum Index increased 1.8% in August to 126.5 (2000=100) from the revised July reading of 124.2. The Momentum Index, issued by Dodge Data & Analytics, is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a…
Construction Sector Adds 16,000 Workers In August But Nonresidential Jobs Shrink; Association Survey Finds Contractor Pessimism Is Increasing
Postponed and Canceled Projects Proliferate, Yet Majority of Firms Report Difficulty Filling Hourly Craft Positions; Officials Urge Immediate Federal Action to Fund Infrastructure and Enact Liability Reforms Construction employment increased by 16,000 jobs in August, but the gains were concentrated in housing, while the infrastructure and nonresidential building construction sector lost 11,000 jobs, according to…
DiGeronimo Companies Expands Construction Management (CM) Capabilities, Acquires Premier CM Business from Donley’s
DiGeronimo Companies today announced its intention to acquire the Construction Management business from Donley’s. The combined businesses, to be known as Donley’s Independence as part of Independence Construction, expands DiGeronimo’s capacity and diversifies its portfolio by creating one of the largest and most capable CM businesses in Northeast Ohio. “DiGeronimo and Donley’s have been doing business…
Public And Private Nonresidential Construction Spending Slump In July As Industry Employment Declines From July 2019 In Two-thirds Of Metros
New York City, Brockton-Bridgewater-Easton, Mass. Have Worst Job Losses, While Walla Walla, Wash. and Baltimore-Columbia-Towson, Md. Post Largest Year-over-Year Construction Employment Increases Steep monthly declines in public and private nonresidential construction spending offset a surge in homebuilding in July, while industry employment decreased compared to July 2019 levels in two-thirds of the nation’s metro areas,…
Nonresidential Construction Spending Falls Again in July, Says ABC
National nonresidential construction spending fell 1.2% in July, 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 $809.1 billion for the month. Of the 16 nonresidential subcategories, 10 were down on a monthly basis. Private nonresidential spending declined 1.0%…
Construction in the United States 2020-2024: Growth Prospects by Market, Project Type and Construction Activity
The “Construction in the United States (US) – Key Trends and Opportunities to 2024” report has been added to ResearchAndMarkets.com’s offering. The US construction industry is expected to contract by 6.5% in real terms in 2020, and 2.0% in 2021. With economic activity expected to contract by as much as 8% this year, and the surge of new COVID-19 cases in…
Construction Employment Declines from June to July in 26 States and D.C. as Projects Are Canceled; Association Calls for New Relief Steps
California and New Mexico Have Worst One-Month Job Losses While New York Has Largest Increases; California and Vermont Post Worst Yearly Declines as Utah and South Dakota Have Largest Gains Construction employment decreased from June to July in 26 states and the District of Columbia as earlier widespread job gains gave way to more project…
DHG Construction & Real Estate “Building Bites” Video Update | August 14, 2020
Check out DHG’s Building Bites Weekly featuring Aprille Bell, Managing Partner, Construction & Real Estate, as she shares the Top things all Construction & Real Estate groups need to be aware of right now. Watch the short 2-minute video (recorded Aug. 14, 2020).
CRM – Construction Management Now Serving Florida Areas
South Carolina-based general contracting firm CRM – Construction Management (CRM-CM) is excited to announce its services are now available in Brevard County, Florida in addition to South Carolina and North Carolina. This furthers the company’s mission to start with strong roots and deliver a plethora of residential and commercial services. CRM-CM offers both commercial and…
CDC Guides Valve Masks Worn in Conjunction With Cloth Face Coverings Can Protect and Prevent COVID-19
Safer Public Health is a group of volunteers committed to public health safety and provides advice on wearing masks with valves. “There are different types of valve masks,” explains Greg Donald from Safer Public Health, “some that are an acceptable form of source control and others that are not. The CDC recommends cloth facial coverings as a…
