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…
Q3 2019 USG + U.S. Chamber of Commerce Commercial Construction Index
The Q3 2019 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index) released today climbed to a record high score of 77, up from 74 in Q2 2019. Half of all contractors expect revenue increases over the next year, rising 14 points quarter-overquarter. Also, notably higher is the expectation for profit margins to…
Monthly and Yearly Construction Input Prices Drop in August, Says ABC
Construction input prices fell 0.6% in August and are down 0.9% year over year, 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 fell 0.4% for the month and are down 0.4% compared to August 2018. Among the seven subcategories…
FMI Releases Report,“Megaprojects: Changing the Conversation”
FMI Corporation, a leading provider of consulting and investment banking services to the Built Environment, is pleased to announce the release of its latest report, “Megaprojects: Changing the Conversation.” In this article, we present FMI’s latest market forecast on megaprojects, share insights from industry leaders on five key ingredients that drive successful megaprojects, and offer…
2020 Carolinas AGC Leadership Nominated
The CAGC Nominations Committee, led by Committee Chair Casey Schwager, has completed its work and announces the following recommended slate to the membership for our Board of Directors in 2020: Chair: Casey Schwager, Sloan Construction Company, Inc.Chair Elect: Charlie Wilson, C.T. Wilson Construction Co., Inc.Treasurer: Mark Johnnie, Balfour Beatty Infrastructure, Inc.Vice Chair: Dean Wilson, Hood Construction Company, Inc.Past Chair: Ron…
Credentials: Why Do They Matter?
Credentials matter — it is an indisputable fact that credentials are important and are a vital part of our educational system. With 70% of jobs needing less than a bachelor’s or graduate degree, credentials are a key element of the workforce development system in the U.S. While a common misconception is that the only path…
Nonresidential Construction Employment Expands in August, Says ABC
The construction industry added 14,000 net new jobs in August, 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 177,000 jobs, or 2.4%. Nonresidential construction employment increased by 11,600 net jobs in August and is up…
