Tag: construction industry: Page 9

Business

Construction adds 15,000 jobs in February, unemployment rises for third straight month

The U.S. construction industry added 15,000 jobs in February, according to preliminary data from the Bureau of Labor Statistics. The gain came as a surprise as many economists expected the number to be down due to the harsh winter weather. February’s gains bring the number of Americans employed in construction to 5.941 million—2.6 percent higher […]

March 6, 2014

Business

FIU professor says Florida’s worker shortage is temporary due to likelihood of wage increases

Like their peers across the U.S., contractors in Florida are facing a shortage of skilled workers, as a report from Florida Watchdog details. In Florida, housing inventories are drying up which means that new ones will need to be built as demand rises. Problem is, as we’ve seen in many other places, many of the skilled veterans […]

February 25, 2014

Business

Ohio Gov. Kasich expands vocational education to middle schools

Previewing what he would discuss as part of his State of the State address Monday night, Ohio Gov. John Kasich said he has done away with a state rule that restricted vocational education to only students in the ninth through 12th grades. According to a report from the Columbus Dispatch, Kasich said vocational education has […]

February 23, 2014

Business

Construction companies join forces, commit to hiring more than 100,000 veterans

More than 100 construction companies have joined forces in committing to hiring more than 100,000 veterans over the next five years. First announced in a Wall Street Journal op-ed written by First Lady Michelle Obama, the move is part 0f Joining Forces, a White House initiative to find more private sector jobs for U.S. military veterans. As […]

February 10, 2014

Business

How 5 construction companies are passing the baton to the next generation

[Editor’s Note: This is Part Two in a four-part series chronicling the stories of contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] [Editor’s Note II: The names in the article below have been changed due to the personal nature of […]

February 4, 2014

Business

How to choose who to sell your construction company to and when

[Editor’s Note: This is Part Four in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] Stever Robbins, executive coach with Stever Robbins Incorporated, says assuming you’ll pass your business along to your […]

February 4, 2014

Business

When selling your construction company is the best option

[Editor’s Note: This is Part Three in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] If you’re in the market to sell your business, you may be in luck, especially if […]

February 4, 2014

Business

How 2 construction companies (one large, one small) decided to close their doors

[Editor’s Note: This is Part One in a four-part series chronicling the stories of real contractors who are making hard choices about their end game in the business: liquidate? Sell to family or employees? Seek a third party buyer?] Keith Andrews, president, RaCON Incorporated, looks at his nearly empty equipment yard from the driver’s seat […]

February 3, 2014

Business

SPECIAL REPORT: The Future of Your Construction Company. How and when to walk away.

In the wake of the Great Recession, many baby boomer contractors are planning their business’s futures. Specifically, is this the end? And if so, should I sell? Liquidate? Pass it on? Even if the end isn’t in your near future, our four-part Special Report will get you well in the way to forming a sensible […]

February 3, 2014

Business

PCA chief economist Sullivan continues optimistic forecast; 8% cement consumption growth in 2014

Echoing his forecast at last year’s event—where he passed out sunglasses —during the first morning of World of Concrete 2014 Ed Sullivan, PCA chief economist, said that the conditions going into 2014 shore up his prediction for a “probably conservative” 8 percent growth in cement consumption. Underlying factors supporting this forecast include steady and increasing job […]

January 20, 2014

Business

Construction industry loses 16k jobs in December, unemployment rate jumps

Diverging greatly from hopeful reports that came earlier in the week, the U.S. construction industry lost 16,000 jobs in December, snapping a streak of six consecutive months of job gains. A total of 5.833 million Americans are employed in the construction industry, according to preliminary data from the Bureau of Labor Statistics. The report revised […]

January 10, 2014

Business

Housing starts soar 22.7% in November to nearly 6-year high

Greatly defying expectations, U.S. housing starts soared in November to heights rarely seen since the housing collapse in 2006. Housing starts jumped 22.7 percent in November to a seasonally adjusted annual rate of 1.091 million, according to data from the Commerce Department. That’s the highest monthly gain since January 1990 and only the second time […]

December 18, 2013