Tag: construction industry: Page 4

Construction adds 8,000 jobs in September

September brought another positive month to the U.S. construction workforce with an addition of 8,000 jobs. The industry now employs 6.396 million Americans, according to preliminary data from the Labor Department. September marks the sixth consecutive months of job gains for the industry, which has added jobs every month of 2015 save for March, due […]

October 7, 2015

Construction workers on break legs feet

Number of construction firms reporting shortage of skilled workers rises to 86%

The construction industry’s shortage of skilled workers has only gotten worse in the last year, according to the latest national survey of firms conducted by the Associated General Contractors of America. Surveying 1,358 contractors, the AGC study found that 86 percent are struggling to fill salaried professional positions and find enough hourly skilled, or craft, […]

September 15, 2015

As residential construction continues its climb, carpenters are the most sought after craft workers in the construction industry.

Allan Myers expands with purchase of new assets, including 2 asphalt plants

Heavy civil construction and materials company Allan Myers has expanded their presence in the Northeast with the purchase of new assets in the region. Allan Myers announced in a press release that the company had purchased major assets from Daisy Construction and Edgemoor Materials, including two new hot-mix asphalt plants in Elkton, Maryland, and Wilmington, Delaware. […]

September 11, 2015

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Construction spending rises 0.7% in July to 7-year high

Construction spending in the U.S. reached its highest mark in seven years in July thanks to major increases from single-family homes and manufacturing facilities. Total spending rose 0.7 percent during the month to $1.083 trillion, a 13.7-percent increase over July 2014 and the highest level since May 2008, according to preliminary data from the Commerce Department. The report also […]

September 1, 2015

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Construction spending inches up 0.1% in June

With no change to nonresidential spending, total construction spending in the U.S. saw its smallest gain in five months, according to preliminary estimates from the Commerce Department. The primary fuel for the industry’s huge spending growth in the last year or so has been nonresidential which was flat this month at $687 billion. Residential, meanwhile, […]

August 4, 2015

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Alabama’s new building permit fee will fund statewide construction education and training

Though the construction industry’s rebound is in full effect with spending at a nearly 7-year high and jobs at a six-year high, contractors across the country are still struggling to find enough skilled workers. The latest survey on the U.S. industry’s shortage from the Associated General Contractors of America found that 83 percent of construction firms […]

July 7, 2015

Construction workers on break legs feet

U.S. construction spending continues climb; up 0.8% in May

Nonresidential projects again led to a sizable gain in U.S. construction spending during May, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted annual rate of $1.035 trillion, the highest figure since October 2008 and an increase of 8.2 percent over May 2014. Total residential construction spending rose 0.3 percent to a rate of $366 billion […]

July 2, 2015

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Is the golden age of underground construction upon us?

During the Great Recession, one phrase reached cliché status: “this is the new normal.” In other words, suck it up, things will never be as good as they once were. Get used to diminished returns and don’t dwell on what used to be. So it tends to give you pause when Chris Daum, senior managing […]

June 25, 2015

Vermeer’s D23x30 S3 in action.

Construction spending up 2.2% in April to $1 trillion, 6-year high

Big gains in nonresidential boosted total construction spending in April 2.2 percent, according to preliminary estimates from the Commerce Department. Spending rose to a seasonally adjusted annual rate of $1.006 trillion, the highest figure in more than 6 years and up 4.8 percent over April 2014. Total residential construction spending rose 0.6 percent to a rate of $359 billion while […]

June 1, 2015

Highway and street spending accounted for the highest gain in nonresidential, up 8.6 percent during April to $87 billion.

BuildOurNebraska.com launches to address state’s worker shortage issues

With more workers aging out of the industry than it is currently bringing in, construction professionals in Nebraska are seeing the same impacts from a shortage of skilled workers as most other states in the U.S. According to a report from the Lincoln Journal Star, a coalition of groups, including the Associated General Contractors of Nebraska, […]

March 24, 2015

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Contractor optimism reaches historic high in annual construction industry forecast

The last time contractors were this optimistic, the economy tanked and went into the longest and deepest recession since the Great Depression. That was ten years ago. Today’s optimism is reported in the recently released Wells Fargo Construction Industry Forecast 2015. Of course this time, as economists like to say, it’s different. The last recession […]

March 9, 2015

WF 2015 optimism

Construction company expands into the crime scene/meth lab cleanup business

In construction, it’s always good for business owners to explore diversification, to look into new ways their outfit is equipped to quickly flex and serve another need in their area. Some common ones are landscaping or snow plowing, others might get into environmental cleanup. But one North Carolina contractor took an extra step outside the […]

February 24, 2015

Hayden workers suited up for crime scene cleanup. Credit: Melonie Flomer/Daily Journal

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