ABC Releases State Rankings on Policies Affecting Construction Industry

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WASHINGTON, D.C. – Associated Builders and Contractors recently released its annual update to “Building America: The Merit Shop Scorecard,” which reviews and grades state-specific policies and information significant to the success of the commercial and industrial construction industry. The scorecard highlights states that have created a free enterprise-based environment where merit shop contractors are well positioned to succeed and calls attention to states where strategic improvements need to be made. The Merit Shop Scorecard grades states on their policies on prevailing wage and project labor agreement mandates and Right to Work status, as well as their construction job growth rate, … Read more

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MYCON General Contractors Ramps Up Special Projects Division

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McKINNEY, Texas – MYCON General Contractors has ramped up its Special Projects division, appointing industry veteran John Leverette to lead the company’s Corporate Group and Rick Dubec to lead the company’s Retail Group. Leverette’s group will operate out of MYCON’s new headquarters in Dallas, Texas while Dubec’s group has been operating out of new offices in College Station, Texas. Among the clients utilizing MYCON’s Special Projects division are: •    Bank of America •    Southwest Airlines Headquarters – Interior Remodel •    Watermark Community Church – Interior Remodel •    Walmart Learning Centers MYCON’s Special Projects include structural repairs, interior renovations, building maintenance, … Read more

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Construction Lost Jobs in December, Says ABC

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WASHINGTON, D.C.— National construction employment declined by 3,000 net jobs on a seasonally adjusted basis in December, according to analysis of  U.S. Bureau of Labor Statistics data recently released by the Associated Builders and Contractors. The industry added 102,000 net new jobs on a year-over-year basis, the smallest increase in more than four years. Of the five subsectors, only residential specialty trade contractors added jobs in December (11,700 net new jobs). Nonresidential construction lost 13,400 net jobs for the month, largely due to losses in heavy and civil engineering, which lost 8,900 jobs. These data are adjusted for seasonal variations, … Read more

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Construction Employment Dips in December

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Construction employment slipped by 3,000 jobs in December, while average hourly earnings accelerated, according to an analysis of new government data by the Associated General Contractors of America. Association officials noted that recent construction spending numbers and their own survey of members suggest demand for construction remains strong, suggesting that the lack of hiring may be due to a shortage of available workers. “This report presents mixed signals about the state of the construction industry,” said Ken Simonson, the association’s chief economist. “Although a dip in employment might normally be a sign of declining demand, in this case the industry … Read more

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Turner’s Fourth Quarter Building Cost Index Reflects Strong Market Conditions

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NEW YORK, N.Y. – Turner Construction Company’s Fourth Quarter 2016 Turner Building Cost Index—which measures costs in the non-residential building construction market in the United States—has increased to a value of 1006. This represents a 1.11 percent quarterly increase from the Third Quarter 2016 and a 4.90 percent yearly increase from the Fourth Quarter 2015. The United States construction market continues to experience broad growth, with the West and Southeast regions seeing more significant gains, and the Northeast and Central regions seeing more moderate gains. Additionally, while raw material prices have remained flat, they have experienced an overall gain this … Read more

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