Tag Archives: Nonresidential construction

AGC Chief Economist Urges Caution as Construction Industry Slowly Improves

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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

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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

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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

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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

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Nonresidential Construction Recovery Slow, but Steady

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The nation’s recovery from a devastating recession continues, but it remains a slow one for the nonresidential construction industry.  Things will likely continue to get better in the upcoming months, but not even the recent upswing in residential home prices, … Continue reading

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Nonresidential Construction Spending Increases 0.7 Percent in April

After a disappointing March, the nation’s nonresidential construction industry bounced back moderately in April, according to an analysis of a recent report from the U.S. Census Bureau by Associated Builders and Contractors (ABC).  Nonresidential construction spending increased 0.7 percent in … Continue reading

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Riding the Roller Coaster: Experts Offer Conservative but Optimistic Outlook

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Though experts predict the construction market may still have a ways to go before it reaches a full rebound, they were positive about the present outlook during a recent webinar provided by Reed Construction Data. Titled “Riding the Roller Coaster: … Continue reading

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Building Construction Employment Stable from March to April

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The number of building construction employees remained stable from March to April 2013 with a slight 0.1 percent increase, according to the latest report from the Bureau of Labor Statistics (BLS). The BLS estimates that approximately 1.262 million (seasonally adjusted) … Continue reading

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Code Hearings Continue with Approval of Proposal Related to Glass Doors

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The International Code Council’s (ICC) Committee Action Hearings continue this week in Dallas, and among the review of a number of glass- and fenestration-related proposals, one related to codes for glass entry doors was approved. RE5-13, proposed by Shaunna Mozingo of … Continue reading

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Architecture Billings Continue to Gain Momentum

The latest Architecture Billings Index (ABI) from the American Institute of Architects (AIA) reflects a steady upturn in design activity. The ABI reflects the approximate nine- to twelve-month lag time between architecture billings and construction spending. AIA has reported that the March … Continue reading

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