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Business
Construction spending up 0.5% in May to nearly 4-year high behind rise in government spending
Spending on construction projects in the U.S. saw a second consecutive month of gains in May, rising 0.5 percent to a nearly four-year high, according to new data released by the U.S. Commerce Department Monday. Spending rose from the revised April figure to a seasonally adjusted annual rate of $875 billion. That mark is 5.4 percent higher […]
July 1, 2013
Workforce
Sioux Falls women finding work they love in construction industry
After seeing the results of a Pew Research survey saying 40 percent of U.S. moms are now the breadwinners in their households, news station KSFY out of Sioux Falls, South Dakota, did some digging and filed an interesting report about the number of women in the area now doing construction work. KSFY talked to several women […]
June 17, 2013
Workforce
Women breaking through construction industry’s “concrete ceiling”
While women still hold the same percentage of the 8.4 million construction jobs in the United States as they did in 1983—a low 2.6 percent—a new report from CNN Money/Fortune shows that the number might be a bit misleading. The latest data shows that while women aren’t occupying carpentry, plumbing or the other intensive labor occupations […]
May 23, 2013
Safety
Utah leads U.S. in decline of construction deaths, D.C. tops list of injury declines
Construction deaths declined at a faster rate in Utah between 2008 and 2011 than in any other state, according to new rankings from the Association of General Contractors of America. Derived from an analysis of federal safety data, the AGC’s ranking compared the number of construction deaths for each state with available data and Washington, D.C. in […]
May 21, 2013
Business
Construction spending dips 1.7% in March due to drop in government building; up 4.9% annually
According to data released by the U.S. Commerce Department Wednesday, construction spending dropped 1.7 percent during March to its lowest mark since August 2012. Following a housing-fueled boost of 1.2 percent in February, construction spending was measured in March at a seasonally adjusted annual rate of $856.7 billion. According to the data, the monthly drop, […]
May 1, 2013
Business
Construction spending up 7.9 percent annually, home building at highest level in 4 years
Thanks to a surge in home building, construction spending grew 1.2 percent in February, according to seasonally-adjusted data from the U.S. Commerce Department. After a nine-month string of monthly increases was snapped with a 2.1-percent dip in January, construction spending is now at a seasonally adjusted annual rate of $885.1 billion. Compared to February 2012, that […]
April 1, 2013
Business
Construction fuel consumption up 6.5% annually in February
The latest round of the WEX Construction Fuel Consumption Index (FCI), is out and indicates an increase of 6.5 percent in February over February 2012. The FCI was up 1.6 from January. The index measures national fuel consumption statistics for the construction industry to provide an month-t0-month measure of construction activity in the United States. Private […]
March 29, 2013
Business
Construction’s 48k jobs in February is industry’s highest gain in 6 years
The construction industry continued its streak of monthly job growth, adding 48,000 jobs in February, the highest monthly gain in six years, according to preliminary figures from the U.S. Labor Department. In that six-year span, only March 2007’s gain of 80,000 jobs is better. In total, the construction industry employs a preliminary figure of 5.784 […]
March 8, 2013
Construction Equipment
Automakers prepare for truck war as housing and construction industries recover
As the housing and construction industry recoveries slowly build momentum, NPR reports automakers are preparing for an all-out truck war to reap the profits. The media outlet recently paid a visit to Ford’s Dearborn, Michigan plant where 7,500 of the company’s popular F-150 pickups roll off the assembly line each week. The F-150 has been […]
March 7, 2013
Business
Senate bill would create incentives for private transportation investment
As the federal government continues to search for ways to grapple with the country’s slowly crumbling infrastructure, two Senators have introduced a bill to the U.S. Senate that would establish a Department of Transportation fund designed to create incentives for private investment into transportation, our sister site CCJ reports. Senators Frank Lautenberg (D-N.J.) and John […]
March 5, 2013
Business
Construction spending up 7.1% annually as nine-month streak of increases is snapped
A nine-month string of increases in revised construction spending figures was snapped in January, falling 2.1 percent from December 2012 to a preliminary figure of $883.2 billion. Despite the dip, spending remains 7.1 percent higher than January 2012, according to seasonally-adjusted data released by the United States Census Bureau. Residential construction stalled from December to January, […]
March 1, 2013
Business
Construction fuel consumption index up 5.8 percent in January
WEX and IHS have released results of the WEX Construction Fuel Consumption Index (FCI), which indicated an increase of 5.8 percent in January over January 2011. The WEX Construction FCI measures national fuel consumption statistics for the construction industry to provide an up-to-date indication of construction activity in the United States. For January 2012, the […]
March 1, 2013
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