ABC: Construction Employment Falls for Third Straight Month in August

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The construction industry lost 7,000 jobs 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 has grown by 58,000 jobs, an increase of 0.7%. Nonresidential construction employment decreased by 1,200 positions on net, with losses in 2 of the 3 subcategories. Nonresidential building lost 3,300 jobs, while nonresidential specialty trade lost 200 positions. Heavy and civil engineering added 2,300 jobs for the month. The construction unemployment rate dropped to 3.2% in August. Unemployment across all industries increased from 4.2% in July to 4.3% … Read more

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ABC: Construction Quit Rate Plummets to 9-Year Low

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he construction industry had 306,000 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. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 64,000 last month and are up by 77,000 from the same time last year. “The construction job opening rate rose to the highest level in over a year during July,” said ABC Chief Economist Anirban Basu. “Given the ongoing decline in nonresidential construction … Read more

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ABC: Nonresidential Construction Spending Falls Sharply in July

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National nonresidential construction spending decreased 0.2% in July, 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 $1.24 trillion. Spending was down on a monthly basis in 7 of the 16 nonresidential subcategories. Private nonresidential spending was down 0.5%, while public nonresidential construction spending was up 0.3% in July. “Nonresidential construction spending fell for a third consecutive month in July and is now down 2.5% from the December 2023 record high,” said ABC Chief Economist Anirban Basu. “Of course, that’s in nominal terms. With … Read more

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Balfour Beatty Tops Out Marine Corps Recruit Depot San Deigo’s New Mess Hall

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Balfour Beatty celebrates the topping out of the $84.2 million Marine Corps Recruit Depot San Diego Recruit Mess Hall in California. The milestone signifies significant progress towards the delivery of Naval Facilities Engineering Systems Command, Southwest’s newest building and largest mess hall in the Department of Defense, that supports MCRD San Diego’s ‘We Make Marines’ mission for the next six decades. To reach the milestone, Balfour Beatty and its trade partners installed all major underground utilities, completed a watershed basin and rerouted Guadalcanal Avenue. These operations included pouring 3,600 cubic yards of concrete, placing 373 tons of structural steel and … Read more

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Robins & Morton, AdventHealth Celebrate Groundbreaking of AdventHealth Zephyrhills MOB

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Construction firm Robins & Morton joined AdventHealth on Aug. 29 to celebrate the groundbreaking of a new medical office building on the AdventHealth Zephyrhills campus in Pasco County, Florida. The facility will provide nearly 35,000 square feet of additional space, while offering patients more high-quality healthcare options close to home. The building will house primary care and multiple specialty physician offices, including cardiology, gastroenterology, general surgery and urology. This groundbreaking reflects the needs of the area, as Pasco County projects a 40% increase in population by 2045. The AdventHealth Zephyrhills Medical Office Building is expected to be complete in fall … Read more

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