Posts Tagged ‘ construction ’

Construction Employment Increased in 175 Metro Areas

Apr 16th, 2014

Construction employment expanded in 175 metro areas, declined in 106 and was stagnant in 58 between February 2013 and February 2014, according to a new analysis of federal employment data released by the Associated General Contractors of America (AGC). Association officials noted, however, that despite the gains construction employment remained below peak levels in all […]

Nonresidential Construction Spending Rises

Apr 8th, 2014

The U.S. Census Bureau announced yesterday that nonresidential construction spending increased 0.6 percent in February and has risen 6.1 percent since February 2013. The gains follow nonresidential construction spending declines in both January and December, according to an analysis of the Census Bureau data by Associated Builders and Contractors (ABC). Spending for the month totaled […]

Dodge Momentum Index Drops Again in March

Apr 8th, 2014

The Dodge Momentum Index retreated 0.8 percent in March compared to February, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a […]

Construction Industry Sees Increase of 19,000 Employees for March 2014

Apr 8th, 2014

Construction employers added 19,000 workers to payrolls in March, bringing industry employment to the highest level since June 2009, while the industry’s unemployment rate dropped to the lowest March level in seven years, according to an analysis of new government data by the Associated General Contractors of America (AGC). “The rate of construction hiring continues […]

January Construction Employment Increases in 37 States from a Year Ago

Apr 1st, 2014

Construction firms added jobs in 37 states over the past 12 months and in 30 states between January and February, according to an analysis released last week by the Associated General Contractors of America (AGC) of Labor Department data. “Considering the mix of states adding and losing construction jobs for the month and year, it […]

February Construction Unchanged from January, McGraw Hill Reports

Mar 26th, 2014

At a seasonally adjusted annual rate of $486.7 billion, new construction starts in February were nearly the same as in January, according to McGraw Hill Construction, a division of McGraw Hill Financial. According to the report, the flat pace for total construction starts in February was due to a mixed performance by major sector—less nonresidential […]

Architecture Billings Index Shows Slight Improvement

Mar 26th, 2014

After starting out the year on a positive note, there was another minor increase in the Architecture Billings Index (ABI) last month, according to the latest report from the American Institute of Architects (AIA). The ABI reflects the approximate nine- to 12-month lead time between architecture billings and construction spending. The AIA reported that the […]

Construction Employment Increases in 38 States

Mar 18th, 2014

Construction firms added jobs in 38 states between January 2013 and January 2014, while 27 states experienced construction employment gains between December and January, according to an analysis this week by the Associated General Contractors of America (AGC) of Labor Department data. “Especially considering the fact many parts of the country experienced very harsh weather […]

Nonresidential Construction Spending Remains Frozen in January

Mar 12th, 2014

Nonresidential construction spending declined for the second consecutive month, falling 0.3 percent in January, but is up 6.5 percent over the past year, according to a March 3 release by the U.S. Census Bureau. Spending for the month totaled $578.7 billion on a seasonally adjusted, annualized basis. “Wicked weather has produced a temporary halt to […]

Construction Industry Adds 15,000 Jobs in February

Mar 12th, 2014

Construction employment grew by 15,000 workers in February despite harsh winter working conditions, raising industry employment to the highest level since June 2009, according to an analysis of new government data by the Associated General Contractors of America (AGC). “The rate of construction hiring has outpaced job growth in the overall economy for the past […]