Construction Spending Slips 0.4 Percent In December, Yet Record-high December Job Openings Suggest Contractors Remain Bullish In 2023
Weather May Account for Conflicting Trends on Spending and Jobs as Construction Officials Warn of Labor Shortages and Regulatory Delays, Urge Public Officials to Ease Red Tape, Boost Construction Training Total construction spending decreased by 0.4 percent in December, yet industry job openings at the end of the month set a new high for December,…
Alston Construction Opens New Office in Greenville, South Carolina
With the Southeast’s rapidly expanding industrial warehouse and manufacturing market, Alston Construction announces the opening of its new Greenville, South Carolina office. The office will allow the company to expand its service offerings in the Carolina region and across the Southeast. The new office space deepens Alston Construction’s 36+ years of service to North and…
Total Construction Starts Increase in December
Total construction starts jumped 27% in December to a seasonally adjusted annual rate of $1.185 trillion, according to Dodge Construction Network. During the month, nonresidential building starts increased 51%, nonbuilding starts increased 30%, and residential starts rose less than one percent. Across 2022, total construction starts were 15% higher than in 2021. Nonresidential building starts rose…
A Record 88% of the US Construction Industry Workforce Does Not Belong to a Union
Associated Builders and Contractors released the following remarks today regarding the U.S. Department of Labor Bureau of Labor Statistics’ annual Union Members Summary. According to 2022 data, the percent of construction industry wage and salary workers belonging to unions dropped to a record low of 11.7%, a decline from 12.6% in 2021. ABC analysis finds that a historically…
BC Construction Group Forms ESOP to Become 100% Employee-owned
BC Construction Group, a national Design-Build construction firm announced the creation of its new Employee Stock Ownership Plan (ESOP), making the company now 100% employee owned. BC Construction Group was founded in 2009 with a clear, focused vision: “deliver the highest level of service to clients nationally.” They’ve achieved this through a proprietary, client-centered…
Inflation Easing: Monthly Construction Input Prices Drop 2.7% in December, Says ABC
Construction input prices fell 2.7% in December 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 also declined 2.7% for the month. Overall construction input prices are 7.9% higher than a year ago, while nonresidential…
Rogers Building Solutions Acquires Sluss+Padgett, Enhances Strategic Diversification & Growth
Rogers Building Solutions (RBS) announced it has acquired Sluss+Padgett (S+P), a leading provider of commercial HVAC, plumbing, automation and controls, service, maintenance and retrofit services headquartered in Norcross, Georgia and serves customers in Georgia and South Carolina. RBS is a national HVAC, mechanical and plumbing contractor headquartered in Douglasville, Georgia, providing install, retrofit, service, and…
Carolinas AGC Announces 2023 CAGC Foundation Board
Carolinas AGC (CAGC) is pleased to announce the 2023 Foundation Board of Directors. The CAGC Foundation Board is made up of the following members: Chair: Edison Cassels, Edison Foard, Inc.Treasurer: Chad Webb, Cleveland Construction, Inc.CAGC Chair: Mark Johnnie, Balfour BeattyImmediate Past Chair: Claudia Dodgen, Crowder Constructors, Inc.Trustee: Evan Sowell, Langston Construction Co. of Piedmont LLCTrustee: Mike Hall, Hall Contracting CorporationTrustee: Scott Fant, ReevesTrustee: Grey Parks, SC Department of…
Carolinas AGC Announces 2023 Board of Directors
Carolinas AGC (CAGC) is pleased to announce the 2023 Board of Directors. The CAGC Board is made up of the following members: Chair: Mark Johnnie, Balfour BeattyChair Elect: Dean Wilson, Hood Construction Company, IncTreasurer: Ty Edmondson, T.A. Loving CompanyVice Chair: Lynn Hansen, Crowder Constructors, Charlotte NCPast Chair: Charlie Wilson, C.T. Wilson Construction CompanyHighway/Heavy Chair: Marty McKee, King AsphaltBuilding Chair: Chris Smith, Beverly-GrantUtility Chair: Derrick Morgan, State UtilitiesSpecialty Chair: Daniel Poaps, Palmetto…
Construction Employment Grows in 268 of 358 Metro Areas From November 2021 to 2022 as Demand Outpaces Labor Supply in Some Markets
Construction employment increased in 268 of 358 metro areas between November 2021 and November 2022, according to an analysis by the Associated General Contractors of America of new government employment data. Association officials said the job gains likely would have been higher but that many contractors report that demand for new projects is outpacing the availability of workers…
