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Spending on most categories of nonresidential and multifamily construction declined from February to March as contractors struggled to find enough workers and get timely deliveries of materials, according to an analysis the AGC released regarding federal spending data.
McShane Construction Company was selected to build Town Chandler. Positioned on an 18-acre site, Town Chandler will incorporate 15 three- and four-story wood frame apartment buildings.
Looking at residential construction trends over the past 20 years, there’s been a significant shift in the values of both homeowners and construction companies. In the past, many contractors aimed to build the most cost-effective homes possible, while paying no mind to energy efficiency.
AECOM Tishman topped the list of the 20 most active companies doing ground-up construction with 2 million square feet of new permits issued between April 1, 2017, and March 31, 2018.
Construction employment increased by 17,000 jobs in April and by 257,000 jobs over the past year while firms boosted pay to help recruit new workers, according to an analysis of new government data by the Associated General Contractors of America.
Weyerhaeuser Distribution has expanded its offering of Homasote 440 SoundBarrier panels to its distribution centers in Denver, Colo., Dallas and Houston, Texas, and Tacoma, Wash.
The Dodge Momentum Index increased 0.5 percent in February to 146.9 (2000=100) from the revised January reading of 146.2. 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 full year.