ABC: All but 3 States Had Construction Unemployment Rates Below 10% in December 2024

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The national December 2024 not seasonally adjusted construction unemployment rate was 5.2%, up 0.8% from December 2023, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. The analysis found that only six states had lower estimated construction unemployment rates over the same period and 44 states were higher. All but three states (Minnesota, New Jersey and Rhode Island) had construction unemployment rates below 10%. National NSA payroll construction employment was 191,000 higher than December 2023. As of December 2024, SA payroll construction employment was 701,000, or 9.2%, above its pre-pandemic peak … Read more

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Nonresidential Construction Adds Modest 4,400 Jobs in January

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The construction industry added 4,000 jobs on net in January, 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 178,000 jobs, an increase of 2.2%.  Nonresidential construction employment increased by 4,400 positions on net, with growth in 2 of the 3 subcategories. Nonresidential specialty trade added the most jobs, increasing by 5,600 positions, followed by nonresidential building, which added 1,100 jobs. Heavy and civil engineering lost 2,300 jobs last month. The construction unemployment rate rose to 6.5% in January. Unemployment across all industries … Read more

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McCarthy Building Companies Announces New Leadership for Central Region

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McCarthy Building Companies, Inc. has announced a new leadership team for its Central Region, positioning a team of internal executive promotions to guide the company’s continued growth and success across 28 states. Based in St. Louis, the Central Region spans the U.S. east of the Rockies and represents a significant portion of the company’s expanding footprint in key market sectors, including healthcare, education, science and technology, commercial, industrial, water/wastewater and mission critical facilities. The appointments of Ryan Sawall as regional CEO, Chris Anvik as Regional President, Doug Mangers as Regional Chief Operating Officer, and Josh Gaghen as St. Louis Business Unit Leader reflect McCarthy’s dedication to promoting … Read more

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Vertical Construction Begins at Mack Innovation Park in Scottsdale

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Willmeng Construction has begun vertical construction on the first phase of Mack Innovation Park – Mack Real Estate Group’s latest project in North Scottsdale, Arizona. The first phase of MIP Scottsdale consists of two buildings comprising 305,400 square feet, while the site as a whole accommodates 1.2 million square feet across 11 buildings. The design for MIP Scottsdale, led by Butler Design Group, pays homage to the legacy of Frank Lloyd Wright and his Taliesin West, which is located just five miles away. The design is characterized by integration with the surrounding landscape, use of natural materials and emphasis on … Read more

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ABC: Data Centers, Manufacturing Make Up 94% of Construction Spending Increase in 2024

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National nonresidential construction spending decreased .2% in December 2024, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.241 trillion. Spending was down on a monthly basis in 9 of the 16 nonresidential subcategories. Private nonresidential spending increased .1%, while public nonresidential construction spending was down .5% in December. According to ABC Chief Economist Anirban Basu, public sector nonresidential spending fell sharply in in the last month of 2024, but that decline, he said, was likely a short-term phenomenon as the transition between presidential … Read more

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