Tag Archives: Construction

Construction Segment Hits Highest Level Since August 2009

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The construction industry continued its slow, but steady climb from the abyss, adding 17,000 jobs in November to account for its most favorable employment numbers in more than four years, according to the latest U.S. Bureau of Labor statistics. Buoyed … Continue reading

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Lure of Texas Drawing New People and Business

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They like to do everything big in Texas, and business growth is no exception. The Lone Star State has enjoyed an economic boom as of late, fueled by a large influx of both people and businesses attracted to the state’s … Continue reading

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Construction Employment Increases in 194 of 339 Metro Areas Between August 2012 and 2013

Construction employment expanded in 194 metro areas, declined in 88 and was stagnant in 57 between August 2012 and August 2013, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association … Continue reading

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August Construction Rises Two Percent

At a seasonally adjusted annual rate of $490.2 billion, new construction starts in August advanced two percent relative to July, according to McGraw Hill Construction, a division of McGraw Hill Financial. Residential building stayed on the upward track, while nonresidential … Continue reading

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Construction Materials Prices Remain Stable, Rise Only 0.3 Percent in August

Construction materials prices rose only 0.3 percent in August and are up 1.4 percent year over year, according to the September 13 Producer Price Index released by the Department of Labor. In addition, nonresidential construction materials increased 0.5 percent for … Continue reading

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Construction Spending Rises 0.6 Percent in July

The nation’s builders were busy in July as construction spending increased 0.6 percent to $900.8 billion—the largest upswing in four years—according to the September 3 report by the U.S. Commerce Department. Nonresidential construction spending also rose 0.6 percent in July, … Continue reading

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July Construction Recedes Two Percent Overall but Building Numbers Grow

New construction starts in July decreased two percent to a seasonally adjusted annual rate of $479.1 billion, according to the latest construction starts numbers released by McGraw Hill Construction. Nonresidential building strengthened in July, regaining some of the upward momentum … Continue reading

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Construction Employment Gains Remain Spotty in July

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Construction employment continued its spotty improvement in July, as more states posted year-over-year gains, but most states posted decreases compared with June, according to an analysis by the Associated General Contractors (AGC) of America of Labor Department data. Association officials … Continue reading

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New Construction Starts to Climb Six Percent in 2013

New construction starts are forecast to rise six percent this year to $506 billion, according to the mid-year update to the 2013 Construction Outlook from McGraw Hill Construction, a division of McGraw Hill Financial.  This is the same rate of … Continue reading

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June Construction Settles Back One Percent

New construction starts in June receded one percent to a seasonally-adjusted annual rate of $489.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Nonresidential building lost momentum in June after strengthening during the previous two months, … Continue reading

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