Tag: U.S. construction industry.

Business
Construction spending falls 0.5% in Feb. despite residential gains
Losses in nonresidential construction wiped out gains from homebuilding as total U.S. construction spending fell 0.5 percent in February. Total spending fell to $1.14 trillion for the month but remains up 10.3 percent over the February 2015 mark, according to preliminary data from the Commerce Department. Nonresidential spending fell 1.4 percent during the month to […]
April 5, 2016
As Residential Construction Continues Its Climb, Carpenters Are The Most Sought After Craft Workers In The Construction Industry
Business
Construction firms paying their bills earlier the latest indicator of U.S. industry’s strength
Calling the findings evidence of a clear “upswing” in the U.S. construction industry, a U.K.-based credit reporting agency says American construction firms are, on average, paying their bills earlier than they were last time. According to a report from the Wall Street Journal, Creditsafe Inc. assessed roughly 1.7 million U.S. construction firms and found that they […]
October 12, 2015
House home construction site prep
Business
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
shutterstock_110489561
Business
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.
Business
Construction industry extends employment streak, adds 20,000 jobs in August
The U.S. construction industry extended its streak of job gains in August, adding 20,000 workers. It was the eighth-straight month of gains for the industry which now employs 6.068 million Americans—the highest figure since May 2009, according to data from the Labor Department. The new data also revised upward the July employment number from 6.041 […]
September 5, 2014
worker increase
Roadbuilding
Hear ‘Voices of the Recovery Act’ online
Through an interactive Web site launched by the U.S. Department of Transportation (U.S. DOT) construction workers around the country employed on American Reinvestment and Recovery Act (ARRA)-funded construction projects can share their stories about what it has meant to them in tough economic times for the U.S. construction industry. The new interactive “Voices of the […]
October 6, 2010
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Hear ‘Voices of the Recovery Act’ online
Through an interactive Web site launched by the U.S. Department of Transportation (U.S. DOT) construction workers around the country employed on American Reinvestment and Recovery Act (ARRA)-funded construction projects can share their stories about what it has meant to them in tough economic times for the U.S. construction industry. The new interactive “Voices of the […]
October 6, 2010
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