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Home » Topics » News

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AGC logo

Construction Industry Adds 11K Jobs in January as Severe Weather Hampers Projects

Construction earnings increased by 5.3 percent year-over-year to $35.21 an hour, as firms boost wages in an effort to attract more workers into the sector amid strong demand for certain types of projects
August 5, 2024
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The construction industry added 11,000 jobs in January despite bouts of exceptionally cold or stormy weather that delayed projects in numerous regions, according to an analysis of new government data the Associated General Contractors of America released on Feb. 2.


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O'Shaughnessy Ventures Logo

O’Shaughnessy Ventures Invests in Furno Materials, Aiming to Decarbonize Cement

Furno makes cement production agile, scalable and carbon-neutral
August 4, 2024
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O’Shaughnessy Ventures LLC, a family office that invests in ambitious seed and pre-seed startups, announced Feb. 2 that it has invested in Furno Materials Inc.


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AGC logo

Construction Spending Rises in December and 2023 but with Mixed Monthly Results

Demand appeared strong on balance heading into 2024, but persistent shortage of skilled workers, lagging federal investments in infrastructure and tighter financing conditions may limit growth in outlays
August 4, 2024
No Comments

Total construction spending increased by 0.9 percent in December and 13.9 percent year-over-year, as gains in residential and public segments offset mixed results among private nonresidential markets, according to an analysis of federal spending data the Associated General Contractors of America released Feb. 1.


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Bell Fuels Women in the Trades Panel Discussion in Chicago

Chicago Executives and Leaders Team Up to Promote Jobs for Women in the Trades

August 3, 2024
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This month, Bell Fuels president Stella Gaytan will convene a public and industry panel discussion to bring women in the trades together for an evening of community and discussion.


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EIMA (EIFS Industry Members Association) logo

EIFS Industry Technical Bulletins Published

August 3, 2024
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EIMA announced the release of a series of technical bulletins, meticulously crafted by the members of its technical and research advocacy working group. The bulletins are a testament to the commitment and expertise of EIMA in advancing the knowledge and application of Exterior Insulation and Finish Systems.


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Contractor Shrugging

California Goes Undercover to Catch Unlicensed Contractors

August 2, 2024
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Many people hire contractors for home improvement projects during the summer, but not all the contractors bidding on projects have licenses, meaning they are breaking the law, reports James Taylor of CBS News Sacramento.


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Associated Builders and Contractors Logo

ABC: Nonresidential Construction Spending Increases 0.4 Percent in December

August 2, 2024
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National nonresidential construction spending increased by 0.4 percent in December, according to an Associated Builders and Contractors analysis of data published Feb. 1 by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.174 trillion.


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EIMA (EIFS Industry Members Association) logo

EIFS Industry Members Association Unveils Comprehensive New Website

August 1, 2024
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EIMA announced the launch of its newly redesigned website. The modern, user-friendly platform is set to become the go-to resource for the Exterior Insulation and Finish Systems industry, providing an extensive array of technical resources, advocacy tools, educational materials and a gallery showcasing exemplary EIFS projects.


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AD 2024 Six-Month Report

AD Announces Record-Breaking Sales for the First Half of 2024

August 1, 2024
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AD reported that member sales in the first six months of 2024 increased 7 percent across AD’s 14 divisions and three countries, to a record $40.4 billion.


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Craig Tate Headshot

RedTeam Appoints New Chief Executive Officer

July 31, 2024
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RedTeam, a leading provider of construction software solutions, announced the appointment of Craig Tate as its new chief executive officer. With over three decades of executive leadership experience in the enterprise software industry, Tate brings a proven track record of driving growth and innovation.


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