Prices for goods and services used in construction costs climbed 6.2 percent over the past year, intensifying a cost squeeze on contractors grappling with widespread labor shortages
Construction employment increased by 23,000 jobs in August and by 297,000 jobs over the past year, reaching a 10-year high, while the industry's unemployment rate stood at an all-time low, according to an analysis of new government data by the Associated General Contractors of America.
Construction spending increased 0.1 percent from June to July and 5.2 percent for seven months of 2018 combined, with year-to-date growth for most major public and private categories, according to an analysis of new government data by the Associated General Contractors of America.
Three out of Four Metros Added Construction Jobs in Past Year, But Nationwide Shortage of Skilled Workers Has Raised the Cost of Construction and Delayed Project Schedules, Putting Broader Economic Growth at Risk.
Workforce Opportunity Services (WOS)—a non-profit organization connecting individuals from underserved populations with transformative career opportunities— announced the expansion of its engagement with Turner Construction Company.
Intercorp has received a Product Control Notice of Acceptance (No. 15-0930.14) from the Miami-Dade Department of Regulatory and Economic Resources, certifying that our Strongcon products meet Miami-Dade requirements.
ConstructConnect, a provider of construction information and technology solutions in North America, announced the release of its Spring 2018 Forecast Quarterly Report. From 2019 through 2022, the total construction starts forecast remains unchanged with an almost 5.0 percent average annual rise.
The American Society of Interior Designers (ASID) released its 2018 Outlook and State of the Industry (OSI) report, providing a scan of essential knowledge interior designers and the interior design industry require to thrive and remain competitive in 2018 and beyond.
Arcadis announced its selection as Owner’s Project Manager by the Massachusetts Convention Center Authority to oversee a capital improvements construction program enhancing four of its iconic facilities.
Economic conditions, record-breaking construction spending and a business-friendly regulatory environment are likely to make 2018 a boom year for the industry.