Tag Archives: Nonresidential construction

January Construction Slides 13 Percent

The value of new construction starts fell 13 percent in January to a seasonally adjusted annual rate of $485.0 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. The downturn followed a healthy performance in December, which … Continue reading

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

Construction Industry Adds 48,000 Jobs in January

Construction employment jumped by the largest monthly amount in nearly seven years in January, bringing industry employment to the highest level since July 2009, according to an analysis of new government data by the Associated General Contractors of America (AGC). … Continue reading

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

Construction Spending Rises 0.1 Percent in December

Total construction spending increased 0.1 percent in December and rose by 4.8 percent for all of 2013, as a robust market for apartments and single-family houses outweighed downturns in private nonresidential and public projects, according to an analysis of new … Continue reading

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

New Construction Starts Improve 5 Percent in December

New construction starts grew 5 percent in December to a seasonally adjusted annual rate of $554.5 billion, according to McGraw Hill Construction, a division of McGraw Hill Financial. Although both nonresidential building and housing settled back during the final month … Continue reading

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

Nonresidential Construction Employment Declines in December

National construction employment decreased by 16,000 jobs in December, according to a January 10 report by the U.S. Department of Labor. Nonresidential construction saw the bulk of job losses, contributing 88.1 percent of total construction industry job loss and losing … Continue reading

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

Nonresidential Construction Spending Returns to Normal

Nonresidential construction spending grew 0.6 percent on a monthly and yearly basis in November 2013, according to the January 2 release by the U.S. Census Bureau. In November, spending totaled $583.436 billion on a seasonally adjusted, annualized basis, according to … Continue reading

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

AGC Chief Economist Urges Caution as Construction Industry Slowly Improves

S

Slowly, but surely, but hardly where it needs to be yet. That was the gist of Ken Simonson’s outlook on what’s ahead in 2014 and beyond for the commercial/multifamily building markets. Speaking during Thursday’s hour-long webinar sponsored by the Window … Continue reading

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

Nonresidential Construction Spending Rises

Nonresidential construction spending increased 1.6 percent on a monthly basis in October after declining 1.3 percent in September, according to the December 2 release by the U.S. Census Bureau. On a year-over-year basis, nonresidential construction spending is down 0.7 percent … Continue reading

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

Nonresidential Construction Employment Dips in August

While overall national construction employment remained unchanged in August, nonresidential construction lost 3,300 jobs, according to the September 6 employment report by the U.S. Department of Labor. Construction industry employment has grown three percent, adding 168,000 jobs, since the same … Continue reading

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

Nonresidential Construction Spending Inches up in May

In a further sign of slow economic recovery, the nation’s nonresidential construction spending inched up 0.1 percent in May, according to the July 2 report by the U.S. Commerce Department. On a year-over-year basis, nonresidential construction spending was down 2.9 … Continue reading

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