Tag Archives: Kermit Baker

Stage Set for Employment Cost Increase in Construction Industry

Silhouette Group of People with American Flag





As the U.S. construction industry continues its recovery, the much-discussed labor shortage will continue to change its scope. With that change will also come an increase in pay for workers, according to Associated General Contractors of America (AGC) chief economist … Continue reading




Posted in Featured News, Today's News | Tagged , , , , , , , , , | Leave a comment

ABI Remains Strong with Only Slight Dip in August






On the heels of recording its strongest pace of growth since 2007, there continues to be an increasing level of demand for design services signaled in the latest Architecture Billings Index (ABI). As an economic indicator of construction activity, the … Continue reading




Posted in Today's News | Tagged , , , , | Leave a comment

Mid-Year Housing Report: Regional Differences Still Exist and Employment Plays Key Role

NAHBAugust2014slides_Page_11format





How is the housing recovery faring? Well it depends on where you live as major discrepancies still exist in different markets. Slow income growth is also prohibiting home purchases, while ‚Äúpart of the slow recovery has to do with slow … Continue reading




Posted in Featured News, Today's News | Tagged , , , , , , , , , | 1 Comment

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




Posted in Today's News | Tagged , , , , , , | Leave a comment

Strong Conditions Revealed in Architecture Billings Index






The Architecture Billings Index (ABI) showed more acceleration in the growth of design activity nationally. As a leading economic indicator of construction activity, the ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The … Continue reading




Posted in News, Today's News, Trends | Tagged , , | Leave a comment