Nonresidential Construction Employment Increases in July, But Recession Looms
The construction industry added 25,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 239,000 jobs, an increase of 3.0%. Nonresidential construction employment increased by 16,200 positions on net, with growth…
General Contractors Send One Million Safety Text Messages a Month – Increasing Time on Tools
– Eyrus today announced a milestone: over one million safety text messages sent from their worksite intelligence and communication platform in a month. On construction sites across the US, safety teams use Eyrus to text workers with site updates, safety procedures, and emergency alerts. Worker communication is part of Eyrus’s Worksite Intelligence Platform – a comprehensive technology…
Construction Sector Adds 9,000 Jobs Between March And April As Slowing Residential Activity Limits Gains; Nonresidential Firms Remain Busy
Nonresidential Building, Specialty Trades, and Heavy & Civil Engineering Construction Contractors Increase Headcount, While Monthly Employment Declines at Residential Specialty Trade Contractors The construction industry added 9,000 jobs in April—the fewest since August 2022—as a downturn among residential remodelers and subcontractors undercut job gains at nonresidential construction firms, according to an analysis of new government data the…
Nonresidential Construction Adds Whopping 24,600 Jobs in March
The construction industry added 39,000 jobs on net in March, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment has expanded by 270,000 jobs, an increase of 3.4%. Nonresidential construction employment increased by 24,600 positions on net, with growth…
Construction Job Openings Increased by 16,000 in February, Says ABC
The construction industry had 441,000 job openings on the last day of February, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings…
Nonresidential Construction Spending Decreases in 15 Out of 16 Segments in February
National nonresidential construction spending declined 1.0% in February, according to an Associated Builders and Contractors analysis of data published today by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.179 trillion. Spending was down in a monthly basis in 15 of the 16 nonresidential subcategories. Private nonresidential spending fell 0.9%,…
Dodge Momentum Index Recedes 1% in February
The Dodge Momentum Index (DMI), issued by Dodge Construction Network, fell 1.4% in February to 180.5 (2000=100) from the revised January reading of 183.0. Over the month, commercial planning fell 2.3% and institutional planning ticked up 0.1%. “Weaker office and healthcare planning constrained nonresidential planning in February,” stated Sarah Martin, associate director of forecasting for Dodge. “However,…
Coalition Of Trade Associations Requests Improvements To White House Implementation Of The Build America, Buy America Act
Groups File Formal Request for Rulemaking Urging White House to Drop its Current Approach to Requirements that Risks Confusion and Delays on Key Construction Projects Four national trade associations petitioned the White House to make improvements in its implementation of “made in America” requirements for construction products and materials. They noted their members have encountered significant difficulty…
ABC Announces 2024 Top-Performing US Construction Contractors
Associated Builders and Contractors today released its 2024 Top Performers lists recognizing its contractor members’ outstanding achievements in safety, quality, inclusion, project excellence and special designations ranked by number of hours worked. The No. 1 2024 ABC Top Performer by work hours is Turner Industries Group LLC, Baton Rouge, Louisiana; followed by Skanska USA Building, New York;…
Government-Registered Apprenticeship Programs Not Keeping Up With Construction Industry Needs
At current rates of participation and completion, federal and state government-registered apprenticeship programs, or GRAPs, will fail to meet the construction industry’s short- and long-term skilled workforce needs, according to an Associated Builders and Contractors analysis of recently released U.S. Department of Labor data. ABC estimates that the construction industry’s federal and state GRAPs had about…
