Dodge Momentum Index Posts Gain in September
The Dodge Momentum Index moved 4.1% higher in September to 143.6 (2000=100) from the revised August reading of 137.9. 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…
Construction Employment Rises, Slow Down Reflects Tight Labor Market
Industry’s Job Gains and Average Hourly Earnings Outpace Broader Economy as Association Survey Finds Contractors Expect to Keep Hiring; Officials Urge Boost to Career and Technical Education, Immigration Construction employment increased by 7,000 jobs in September and by 156,000, or 2.1 percent, over the past 12 months, while the number of unemployed jobseekers with construction…
FMI Releases North American Engineering and Construction Outlook, Third Quarter 2019 Report
FMI Corporation, the leading provider of consulting and investment banking services to the Built Environment, is pleased to announce the release of its third quarter 2019 North American Engineering and Construction Outlook. The publication offers comprehensive construction forecasts for a broad range of market segments and geographies in the U.S. and Canada, as well as…
Careers in Construction — A Month-Long Celebration
Spearheaded by NCCER and Build Your Future (BYF), the seventh annual Careers in Construction Month is in full swing this October. Forty states, Guam, the U.S. Virgin Islands and Washington D.C. have filed proclamation requests, making 2019 the highest participation ever for this nationwide observance. The celebration was launched to increase public awareness, inspire the next generation of construction craft…
U.S. Department of Labor Implements New Weighting System For Workplace Safety and Health Inspections
The U.S. Department of Labor’s Occupational Safety and Health Administration (OSHA) announced that it has recently implemented the OSHA Weighting System (OWS) for fiscal year (FY) 2020. OWS will encourage the appropriate allocation of resources to support OSHA’s balanced approach of promoting safe and healthy workplaces, and continue to develop and support a management system…
Strengthening Contractor and Owner Relationships Drives Greater Success in Multi-Site Construction Programs
A new study from Dodge Data & Analytics, conducted in partnership with Sevan Multi-Site Solutions, explores critical success factors for multi-site projects, from the perspectives of both owners and contractors. Multi-site work is an often-overlooked area of the construction industry that represents a significant volume of work, whether through a series of small projects across hundreds of…
Nonresidential Construction Employment Rises in September, Says ABC
The construction industry added 7,000 net new jobs in September, 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 156,000 jobs, an increase of 2.1%. Nonresidential construction employment increased by 3,800 jobs on net in September…
August Construction Unemployment Rates Up From a Year Ago, Says ABC
In August, estimated not seasonally adjusted construction unemployment rates rose nationally and in 31 states, fell in 13 states and remained unchanged in six on a year-over-year basis, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors. For the fourth month in a row, the construction unemployment rates…
New Construction Report Reveals the “Data Ownership Battle” Between Project Owners and Contractors
A ground-breaking new study by Dodge Data & Analytics in collaboration with construction technology provider e-Builder, a Trimble Company, reveals the unintended consequences of increased adoption of project management software by project owners and the impact it has when contractors use their own, disconnected software workflows. The study, entitled “Connecting Owners and Contractors: How Technology Drives Connected Construction,” highlights…
NAWIC Announces 2019 Construction Excellence Award Recipients
The National Association of Women in Construction (NAWIC) is pleased to announce the recipients of its inaugural Construction Excellence Awards. The mission of these awards is to recognize outstanding projects in the areas of residential, commercial and civil heavy highway construction. The Residential Construction Excellence Award winner is CF Evans Construction for their Meeting Street…