WASHINGTON, D.C. — August not seasonally adjusted construction unemployment rates improved in 48 states and the nation on a year-over-year basis, according to a recent analysis released by Associated Builders and Contractors. The national NSA construction unemployment rate of 5.1 percent was 1 percent lower than a year ago, according to data from the Bureau of Labor Statistics, producing the lowest August construction unemployment rate on record. BLS data also showed that the industry employed 183,000 more people than in August 2015. “August 2016 continues the unbroken monthly streak of year-over-year rate declines in the construction unemployment rate that began … Read more
Backlog Skyrockets for Largest Firms in Q2, Falls to 8.5 Months Overall
WASHINGTON, D.C. – Construction backlog for large contractors reached a new peak of 14.06 months during the second quarter of 2016 according to the Associated Builders and Contractors Construction Backlog Indicator recently released. The new high for companies with annual revenue above $100 million shattered the previous high of 12.25 months for any revenue segment, which was recorded in the first quarter of 2016 and second quarter of 2013. Nationally, average backlog fell to 8.5 months during the second quarter, down 1.6 percent from the prior quarter. CBI remained virtually unchanged on a year-over-year basis, signaling that growth in the … Read more
OSHA, Electrical Joint Apprenticeship and Training Trust Renew Alliance
Participants: U.S. Department of Labor’s Occupational Safety and Health Administration Electrical Joint Apprenticeship and Training Trust, Alsip, Illinois Background: OSHA and the Electrical Joint Apprenticeship and Training Trust in Alsip have signed a two-year renewal of their alliance to provide information, guidance and access to training resources to electrical employers and workers. Through the trust, the International Brotherhood of Electrical Workers, Local Union No. 134 and the Electrical Contractors’ Association of the City of Chicago sponsor an apprenticeship program for prospective electricians in Cook County. The five-year program combines on-the-job training by union electrical contractors with 53 college credit hours … Read more
In Joint Venture, Skanska to Build Light Rail in San Diego
RIVERSIDE, Calif. – Skanska and Mid-Coast Transit Contractors – a joint venture of Stacy and Witbeck, Herzog and Skanska – has been awarded a $921.8-million construction manager/general contractor contract from the San Diego Association of Governments to construct the Mid-Coast Trolley in San Diego, California. The Mid-Coast Trolley will extend existing service from the Old Town Transit Center to the University City community, serving major activity centers such as the Mission Bay area, the VA Medical Center, the UC San Diego and Westfield UTC Transit Center. The 11.5-mile project includes nine new stations. The project will connect corridor residents with … Read more
Ground is Broken on New 1M-SF Distribution Center at Gateway 57
Co-developers CRG, the real estate development group of Clayco and Venture One Real Estate recently broke ground on a 1,000,560-square-foot distribution center in University Park, Illinois. The state-of-the-art 36-foot clear cross-dock distribution facility will be occupied by Georgia Pacific upon completion. The Georgia Pacific distribution center is the first building in Gateway 57 Industrial Park in University Park, a 127-acre development located at the northwest corner of the newly constructed interchange of I-57 and Stuenkel Road. Upon completion, the park will be able to accommodate an array of user requirements ranging from 300,000 to 1,200,000 square feet. Clayco will serve … Read more