Marcum LLP released its annual analysis of construction industry job trends for 2018, based on the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS).
Construction employment increased by 52,000 jobs in January and by 338,000 jobs, or 4.7 percent, over the past year, while the latest reading on construction spending showed moderate increases in all major categories
New construction starts in December fell 10 percent to a seasonally adjusted annual rate of $708.9 billion, continuing to retreat after November’s 7 percent slide
Construction employment increased by 38,000 jobs in December and by 280,000 jobs, or 4.0 percent, over the past year, while the industry's average pay accelerated and unemployment decreased to a historic low
Net sales for the fiscal first quarter ended July 31, 2018 increased 21.2% to a record $778.1 million from $642.2 million for the fiscal first quarter ended July 31, 2017. Reported net income decreased to $8.7 million, or $0.20 per diluted share, compared to $15.3 million, or $0.36 per diluted share.
Net Sales of $635.8 Million for the quarter. Adjusted EBITDA of $50.1 Million for the quarter. Completed acquisition of WSB Titan subsequent to quarter end.
GMS Inc., a North American distributor of wallboard and suspended ceilings systems reported financial results for the fiscal fourth quarter and fiscal year ended April 30, 2018.
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.
Landscape architecture firms experienced consistently healthy conditions for the fourth quarter of 2017, according to the latest American Society of Landscape Architects’ Business Quarterly survey.