U.S. Construction Industry Fueling Down 0.6% Year-Over-Year in February; Up 1.1% vs. Previous Month SOUTH PORTLAND, Maine — Wright Express Corporation, a leading global provider of value-based business payment processing and information management solutions, in collaboration with IHS, the leading global source of information and analytics, recently released results of its Wright Express Construction Fuel Consumption Index (FCI), which indicated a decrease of 0.6% in February versus its level the previous year. The Wright Express Construction FCI measures national fuel consumption statistics for the construction industry, which provides an accurate and up-to-date indication of construction activity in the United States. … Read more

Construction employment rose in 28 states and the District of Columbia between January 2011 and January 2012, while 20 states lost construction jobs and two held steady—the best net positive showing for state construction employment since 2007, according to an analysis by the Associated General Contractors of America of Labor Department data. Thirty-five states and D.C. added construction jobs between December 2011 and January, while 13 states had decreases for the month and two states had no change. “There is accumulating evidence that construction has passed its low point in a majority of states, although shrinking public construction will hold … Read more

The construction industry lost 13,000 jobs between January and February, but continued a string of year-over-year job increases, according to an analysis of new federal employment data released by the Associated General Contractors of America. Association officials said that short-term factors such as weather contributed to the monthly loss even as longer-term trends are becoming a bit more positive. “Since many firms were able to either get an early start, or a late finish, to construction activity in December and January because of mild conditions, this month’s job decline is probably more of a seasonal correction than the start of … Read more