Tag: nonresidential construction: Page 3

Business

Nonresidential construction up in fourth quarter

FMI’s Nonresidential Construction Index hit 55.5 in the fourth quarter, an increase of less than one point from the third quarter, according to the FMI Fourth Quarter Nonresidential Construction Index report. FMI is a management consulting and investment banking provider for the engineering and construction industry. While panelists are a little more positive about national […]

November 19, 2012

Safety

Nonresidential construction spending falls 1.6 percent in February

Total nonresidential construction spending fell 1.6 percent in February to a seasonally adjusted annual rate of $555.4 billion, according to the April 2 report by the United States Census Bureau. However, total nonresidential construction spending is up 6.4 percent from one year ago. Private nonresidential construction spending decreased 1.6 percent for the month, but is […]

May 17, 2012

Home

PCA ups forecast, predicts 3.7% increase in 2012

Stronger than expected job creation and the beginning of a construction industry recovery means gains in real construction spending will materialize this year—after seven years of consecutive declines.  According to the new forecast from the Portland Cement Association (PCA), increases in cement consumption will follow. PCA revised its fall forecast upward, anticipating a modest 3.7 percent […]

April 30, 2012

Roadbuilding

Home builder confidence index remains flat

Builder confidence in the market for newly built, single-family homes was unchanged in March from a revised level of 28 on the National Association of Home Builders/Wells Fargo Housing Market Index (HMI), released today.  This means that following five consecutive months of gains, the HMI is now holding at its highest level since June of […]

March 20, 2012

Roadbuilding

FMI report shows 5 percent 2012 construction growth

Construction consultant FMI‘s first-quarter 2012 Construction Outlook Report shows a 5 percent increase over 2011 for total construction put in place, or $826.3 billion. According to the report, in order for residential construction to achieve the 8 percent increase projected and top $264.4 billion in 2012, a number of factors still have to fall into […]

March 20, 2012

Home

FMI predicts 5 percent 2012 construction growth

Construction consultant FMI‘s first-quarter 2012 Construction Outlook Report shows a 5 percent increase over 2011 for total construction put in place, or $826.3 billion. According to the report, in order for residential construction to achieve the 8 percent increase projected and top $264.4 billion in 2012, a number of factors still have to fall into […]

March 19, 2012

Roadbuilding

Highway Contractor

Within a handful of bright, or at least not gloomy, spots there may be opportunities for transportation agencies and highway and bridge contractors to be pro-active in their fight against the agonizingly slow recession climb-out.

January 12, 2012

Home

Recession catches up with construction industry

Associated Builders and Contractors released its 2011 economic forecast for the U.S. commercial and industrial construction industry. The national recession, which began in 2007, is catching up with the construction industry. Nonresidential construction typically lags the overall performance of the U.S. economy by 12 to 24 months. The weakness of the overall U.S. economy, coupled […]

November 16, 2010

Home

Stimulus funds boost construction spending

Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, or $23 billion, over the month according to Census Bureau data released June 1, 2010. […]

June 16, 2010

Roadbuilding

Stimulus funds boost April’s construction spending numbers

Construction spending rose to $869 billion between March and April this year thanks to stimulus funds, according to an Associated General Contractors of America (AGC) analysis of the Census Bureau’s latest spending figures. Total construction spending rose by 2.7 percent, or $23 billion, over the month according to Census Bureau data released June 1, 2010. […]

June 15, 2010