Tag Archives: Construction

September Construction Unemployment Rates Improve Over Year

September was a good month for construction unemployment numbers, according to analysis by Dr. Bernard Markstein of the Associated Builders and Contractors (ABC). The construction employment rates, not seasonally adjusted (NSA), for the U.S. and 48 states were down for … Continue reading

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“What Matters to the Fed?” Economist Gives Construction Industry the Lowdown

The 2016 Dodge Construction Outlook Conference got underway Friday morning, and from the beginning, it was all about the economy. Beth Ann Bovino, U.S. chief economist at Standard & Poor’s (S&P), gave attendees an update on the U.S. financial recovery … Continue reading

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NAHB Construction Forecast: Normal is On the Horizon

The housing market could take off in the next two years as the U.S. economy continues to recover from the Great Recession, according to the National Association of Home Builders (NAHB) 2015 Fall Construction Forecast webinar, held on Wednesday. Multifamily starts … Continue reading

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Positives and Negatives in September Construction Employment

An equal number of states lost and added construction jobs in September, according to analysis by the Associated General Contractors of America (AGC). While construction employment expanded in 35 states and the District of Columbia between September 2014 and September … Continue reading

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New Construction Starts Slip in September

The value of new construction starts in September dropped 5 percent from the previous month to a seasonally adjusted annual rate of $523.7 billion, according to Dodge Data & Analytics. The Dodge Index was 111 for the month, down from … Continue reading

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Construction Material Prices Plunge in September

Prices for inputs to construction industries plunged 1.6 percent in September after shedding 0.9 percent in August, the Bureau of Labor Statistics reported this week. Year-over-year prices were down 5.3 percent for the month, the largest yearly decrease since October … Continue reading

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Experienced Construction Worker Pipeline at 15-Year September Low

Construction demand continues on the incline, but the number of unemployed workers with construction experience has dropped drastically, according to analysis by the Associated General Contractors of America (AGC). That total is the lowest for September since 2000. AGC officials … Continue reading

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August Construction Spending Reaches Highest Level Since ’08, Fastest Growth Since ’06

Construction spending in August reached a seven-year high and climbed at the fastest rate since 2006, according to an analysis by the Associated General Contractors of America (AGC). Association officials noted that growing demand for construction was likely to add … Continue reading

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Changes in Overtime Pay Rules: Should You Be Worried?

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The U.S. Department of Labor’s proposed overtime rule, which would raise the threshold under which most salaried workers are guaranteed overtime pay from $23,660 a year to $50,440 a year in 2016, grabbed the attention of the construction and manufacturing … Continue reading

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August Construction Unemployment Rates Improve in 45 States from 2014

The national construction employment picture has continued to improve from last year, according to a report from the Associated Builders and Contractors Inc. (ABC). The not seasonally adjusted (NSA) construction unemployment rates for the country and 45 states were down … Continue reading

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