ABC: Construction Materials Prices Inch Down .2% in December, Up .9% Year Over Year

  • Posted on

Construction input prices decreased .2% in December compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released today. Nonresidential construction input prices also decreased .2% for the month. Overall construction input prices are .9% higher than a year ago, while nonresidential construction input prices are .6% higher. Prices increased in all three energy subcategories last month. Natural gas prices were up 57.7%, while unprocessed energy material prices increased 10%. Crude petroleum prices rose slightly, by .5%. “Construction materials prices declined slightly in December and are virtually … Read more

Filed under: Economic News, NewsTagged with: , ,

Arizona State University-Owned University Gateway Building Completes

  • Posted on

Construction has been completed on the $78-million, five-level University Gateway Building at Arizona State University, which wraps around a parking structure in Tempe, Arizona. The 128,000-square-foot building contains classroom, administrative, mixed-use and retail space. Owned by ASU, the facility meets educational needs while also introducing retail space on the ground level to maximize land use for multiple stakeholder groups. The classrooms will serve the Herberger Institute for Design and the Arts, which hosts ASU’s music, music therapy, photography, esports, architecture and animation programs. The third floor of the new building was crafted with an extensive sound isolation system to control … Read more

Filed under: News, ProjectsTagged with: , , ,

ABC: Construction Underperforms Broader Economy in December Jobs Report

  • Posted on

The construction industry added just 8,000 jobs on net in December, 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 has increased by 196,000 jobs, an increase of 2.4%. Nonresidential construction employment increased by 4,700 positions on net, with growth in all three subcategories. Nonresidential specialty trade added the most jobs, increasing by 3,900 positions. Heavy and civil engineering added 600 jobs, while nonresidential building added 200 jobs. The construction unemployment rate rose to 5.2% in December. Unemployment across all industries decreased from 4.2% in … Read more

Filed under: Economic NewsTagged with: , ,

Library, Fire Station Construction Contract Awarded to Swinerton

  • Posted on

Swinerton Builders’ award of the $33-million Design-Build Hearn Community Hub – Phase 1 project marks a transformative milestone for Santa Rosa, California, creating a permanent home for the library and establishing a critical new fire station. This civic complex, located on a six-acre site, will provide much-needed amenities and has been met with great anticipation by the community, which has long awaited expanded resources and services in southwest Santa Rosa. The first phase includes a library designed by Jayson Architecture, a fire station designed by Shah Kawasaki Architects and a surrounding landscape designed by RHAA to enhance local infrastructure and … Read more

Filed under: News, ProjectsTagged with: , , ,

American Concrete Pavement Association Announces New Board of Directors Chair

  • Posted on

The American Concrete Pavement Association has announced Don Weaver, president of Weaver-Bailey Contractors, as the chairman of the Board of Directors in 2025. Weaver has 50 years of experience in the concrete paving industry, more than 45 of those years being with Weaver-Bailey Contractors, which is based in Conway, Arkansas. Since 2002 he has served as the president and CEO of the company, responsible for all areas of business operations. Previously he served 20 years as the chief operations officer/vice president, and before that was a project manager. Weaver holds a Bachelor of Business Administration degree from the University of … Read more

Filed under: NewsTagged with: , ,