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WASHINGTON, Sept. 4—The construction industry had 248,000 job openings on the last day of July, according to an Associated Builders and Contractors analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey...
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The construction industry added 34,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment grew by 228,000...
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A new white paper is available, titled Adaptive Reuse: Converting Offices to Multi-Residential Family, a comprehensive analysis of the transformative approach to addressing housing shortages through the conversion of office spaces into...
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BEDFORD, M.A. – July 9, 2024 — The Dodge Momentum Index (DMI), issued by Dodge Construction Network, increased 7.9% in July to 216.3 (2000=100) from the revised June reading of 200.5. Over the month, commercial planning increased by 6.8%, and...
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Construction input prices increased .4% in July compared to the previous month, according to an Associated Builders and Contractors’ analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential construction input prices...
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“A new trend in nonresidential construction is emerging, and it’s not a good thing,” said ABC Chief Economist Anirban Basu. “Despite a bevy of megaprojects in certain parts of the nation, overall nonresidential construction spending appears to...
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Construction input prices fell 0.3% in June compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics Producer Price Index data. Nonresidential...
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The Plastics Pipe Institute’s Building & Construction Division has elected Bill Melvin of Legend Valve as division chair and Jim Paschal of Aquatherm as vice chair. Melvin, who will also represent the division on the PPI Board of Directors...
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These innovations not only save time but also significantly reduce the error rate, allowing our craftspeople to concentrate more on their expert skills rather than clerical duties. Using Technology to Attract New Hires It’s crucial not only to...
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The construction industry in the United States is expected to grow by 5.6% to reach USD 1,271.65 billion in 2024. The growth momentum is expected to continue over the forecast period, recording a CAGR of 4.7% during 2024-2028. The construction...
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The construction unemployment rate fell to 3.9% in May. Unemployment across all industries rose from 3.9% in April to 4.0% last month. “Every monthly employment report is important,” said ABC Chief Economist Anirban Basu. “But this year’s reports...
