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Tag: construction rebound
Business
Cleveland construction on the rebound thanks to university, health care spending
For the first time in many years, contractors in the Cleveland metro area and the Northeast Ohio region are optimistic, according to a report from Crain’s Business. Two common reasons construction company representatives shared with the publication for the rebound were increased construction spending by universities and hospitals. And though these companies are optimistic that […]
October 10, 2013
Business
Labor shortage pushes up construction cost of Minnesota Vikings stadium
The Minnesota Sports Facilities Authority is in the process of doing a bit of recalculating and prioritizing as it faces the challenge of staying within the $975 million budget for the next home of the Minnesota Vikings in downtown Minneapolis. According to a report from Finance & Commerce, the challenge of finding skilled laborers has caused […]
October 7, 2013
Workforce
Big construction employment gains indicate rising contractor confidence
On Friday the latest round of figures from the U.S. Labor Department showed that the construction industry enjoyed its highest monthly gain in six years by adding 48,000 jobs in February. The construction industry employs 5.784 million Americans as of February. That’s the highest mark the industry has attained since September 2009 and is a 2.5-percent […]
March 11, 2013
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