Tag: Ken Simonson: Page 2

Business

Construction spending hits highest mark in 3 years

Construction spending increased by 9.6 percent in the year between October 2011 and October 2012, to a 37-month high of $872 million, according to seasonally-adjusted data released by the United States Census Bureau. “…Construction has finally come out of its long slump,” said Ken Simonson, chief economist for the Associated General Contractors of America, in […]

December 3, 2012

Home

AGC of America reports 14 percent rise in year-over-year gains

Construction spending in February topped year-ago totals by 5.8 percent as a double-digit increase in private construction offset a small drop in public sector spending, according to a new analysis of federal data released April 2 by the Associated General Contractors of America. The gains occurred despite a 1.1 percent decrease in spending from January […]

May 22, 2012

Roadbuilding

Parsons hires Sam Elters as road, highway leader

Parsons has hired Sam Elters as regional transportation director in Arizona and Nevada. In this position, he will be responsible for all road and highway projects in this region, and he will serve as the lead for major pursuits, including public-private partnerships, design-build projects, and design and construction management projects. Prior to joining Parsons, Elters […]

April 13, 2012

Roadbuilding

Parsons hires Sam Elters as road, highway leader

Parsons has hired Sam Elters as regional transportation director in Arizona and Nevada. In this position, he will be responsible for all road and highway projects in this region, and he will serve as the lead for major pursuits, including public-private partnerships, design-build projects, and design and construction management projects. Prior to joining Parsons, Elters […]

April 13, 2012

Roadbuilding

Parsons hires Sam Elters as road, highway leader

Parsons has hired Sam Elters as regional transportation director in Arizona and Nevada. In this position, he will be responsible for all road and highway projects in this region, and he will serve as the lead for major pursuits, including public-private partnerships, design-build projects, and design and construction management projects. Prior to joining Parsons, Elters […]

April 13, 2012

Roadbuilding

Parsons hires Sam Elters as road, highway leader

Parsons has hired Sam Elters as regional transportation director in Arizona and Nevada. In this position, he will be responsible for all road and highway projects in this region, and he will serve as the lead for major pursuits, including public-private partnerships, design-build projects, and design and construction management projects. Prior to joining Parsons, Elters […]

April 13, 2012

Roadbuilding

Michelin adds new Earthmover tire plant

Michelin is breaking ground next week on a new Earthmover tire manufacturing plant in Anderson County, S.C. The company is also expanding its existing Earthmover tire facility in Lexington, S.C. The two projects represent a $750 million investment and will create up to 500 new jobs. This announcement is in addition to Michelin’s 2011 announcement […]

April 13, 2012

Roadbuilding

Major Wire selects new territory manager

Major Wire named Jerry Teague as its new territory manager for the south central United States and Puerto Rico. Teague will work directly with Major Wire authorized dealers and aggregate, mining and recycle customers in Arkansas, southern Illinois, eastern Kansas, Louisiana, Missouri, Mississippi, eastern Nebraska, Oklahoma, Tennessee, Texas (excluding El Paso) and the United States […]

April 13, 2012

Home

Material prices spike

Despite relatively weak overall demand and stagnant project prices, the cost of construction materials jumped in March. Ken Simonson, chief economist, Associated General Contractors of America, cited increases including diesel fuel, up 3.5 percent for the month after rising 3.0 percent in February; gypsum products such as wallboard, up 2.2 percent after increasing 5.1 percent […]

April 12, 2012

Home

AGC: Construction employment ups, downs

Construction employment declined in 111 out of 337 metropolitan areas between January 2011 and January 2012, increased in 169 and stayed level in 57, according to a new analysis of federal employment data released today by the Associated General Contractors of America. “The mixed construction employment results reflect the conflict between slowly rebounding private sector […]

March 20, 2012

Business

Cost of construction materials escalates dramatically

The cost of construction materials accelerated dramatically in February after moderating for several months, according to an analysis of producer price index figures released today by the Associated General Contractors of America. As a result, construction firms will be forced to pay more for key materials even as demand for construction remains weak. “Prices for […]

March 15, 2012

Roadbuilding

AGC: Construction material prices rise moderately

The cost of construction materials is showing signs of accelerating after moderating in January, according to an analysis of producer price index figures and recent market information released by the Associated General Contractors of America (AGC). Ongoing price increases underscore the urgency of funding public construction projects promptly, association officials said. “Cost increases have slowed […]

February 16, 2012