Tag Archives: Construction

Construction Spending Projections Scaled Back for Rest of Year

Construction spending projections for the rest of the year have been lowered slightly, according to the American Institute of Architects (AIA) Consensus Construction Forecast Panel. The panel cites the weather-related slow start in the nonresidential building market and continued weakness … Continue reading

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Latest Employment Report Shows Construction Recovery Remains ‘Choppy’

Twenty-seven states reduced the number of construction jobs between May and June, though construction firms in 38 states and the District of Columbia still had more employees this June than in June of 2013. Associated General Contractors of America officials … Continue reading

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Dodge Momentum Index On Rise for Third Straight Month

The Dodge Momentum Index continued its upward climb for the third straight month in June, gaining 3.3 percent to 128.7, according to McGraw Hill Construction. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential … Continue reading

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Construction Activity Continues to Expand With Uneven Patterns

For the third-straight month, construction spending continued its modest climb, as solid increases in private nonresidential and public construction outweighed a downturn in residential projects, according to an analysis of new Census Bureau data by the Associated General Contractors of … Continue reading

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Construction Employment in Metro Areas Sees Modest Growth

There was a mix of positive and negative in the Associated General Contractors of America’s latest analysis of federal employment data. According to the analysis, construction employment expanded in 218 metro areas, declined in 72 and was stagnant in 49 … Continue reading

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Uneven Pattern in Construction Spending ‘Likely to Last’

For the third straight month, total construction rose at a modest rate in April, though Associated General Contractors (AGC) of America officials caution its recovery remains “fragile and fragmented” with an uneven pattern “likely to last.” “Residential, private nonresidential and … Continue reading

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Multifamily Housing Continues to be One of Construction Industry’s Top Prospects

Construction spending has continued to edge up monthly through much of the first half of 2014. Despite uncertainty in sectors such as single-family homes and public construction, one category in particular has helped keep the momentum going: multifamily housing. Construction … Continue reading

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Construction Employment Increases in Most States as “Fragile” Recovery Continues

While the construction industry’s recovery remains “fragile,” it saw some positive numbers in April, according to an analysis by the Associated General Contractors of America Labor Department. Construction firms added jobs in 39 states and the District of Columbia over … Continue reading

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Nearly 200 Metro Areas See Construction Employment Increases

Construction employment expanded in 197 metro areas, declined in 87 and was stagnant in 55 between March 2013 and March 2014, according to a new analysis of federal employment data released today by the Associated General Contractors (AGC) of America. … Continue reading

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Brewis Says Slow Recovery to be Expected from Financial-Driven Recession

It was the unique nature of the worst economic meltdown since the Great Depression that has made the recovery process a painstakingly slow one, says one of the nation’s leading economic analysts. Speaking at the recent Labor Management Cooperation Initiative … Continue reading

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