Construction Employment Increases Between June 2013, June 2014

  • Posted on

Construction employment expanded in 215 metro areas, declined in 80 and was stagnant in 44 between June 2013 and June 2014, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials noted that uncertainty about a range of federal infrastructure and construction programs could weigh on future growth for the sector. “Contractors have been expanding their work force in about two-thirds of the country for several months in a row,” said Ken Simonson, the association’s chief economist. “Some metro areas are adding workers at a strong clip, but the gains remain … Read more

Filed under: Economic News, NewsTagged with:

AIAI Releases Groundbreaking P3 Best Practices Guide

  • Posted on

NEW YORK, N.Y. — The Board of Directors of the Association for the Improvement of American Infrastructure recently introduced the AIAI Best Practices Guide, a game-changing educational resource for Public-Private Partnerships. This first-of-its-kind publication reflects AIAI's innovative thought leadership and serves as a national source for P3 best practices. “Since P3s are relatively new to the United States, there is a need for education related to it. AIAI was formed to provide this education, and our Best Practices Guide serves as high-level overview of the elements that should be included as legislators look to build successful P3 programs,” says William … Read more

Filed under: News, Organizations

AECOM Acquires Hunt Construction Group to Join its Construction Services Business

  • Posted on

LOS ANGELES, Calif. — AECOM Technology Corporation recently announced it has acquired Hunt Construction Group, significantly adding to AECOM's construction services business. Hunt Construction Group, serves clients in both the public and private sectors. It was established in 1944, has more than 700 employees in nine U.S. offices and generated revenues of $1.2 billion in 2013. “The addition of Hunt's people and resources immediately makes AECOM one of the largest U.S. builders,” said Michael S. Burke, AECOM president and CEO. “This important expansion of our build expertise reflects the continued advancement of our strategy to create an integrated delivery platform … Read more

Filed under: News

Nonresidential Building Activity Expected in Increase in 2015

  • Posted on

WASHINGTON, D.C. — Due to the weather-related slow start in the nonresidential building market during the first part of the year, and the prolonged weakness in the institutional sector, construction spending projections for the rest of the year have been lowered slightly. The commercial construction sector is still looking at solid spending increases throughout the remainder of 2014, paced by high levels of demand for hotels and office buildings. The American Institute of Architects" semi-annual Consensus Construction Forecast, a survey of the nation's leading construction forecasters, is projecting that spending will see a 4.9 percent increase in 2014 — down … Read more

Filed under: Economic News, News

Texas Infrastructure Council to Present at National P3 Conference in Denver

  • Posted on

AUSTIN, Texas — Texas Infrastructure Council will present on developing a Texas P3 Center of Excellence at the July 30 National Council for Public-Private Partnerships" summer conference in Denver, Colorado. Tim Merriweather, president of the newly formed Texas Infrastructure Council said, “We look forward to discussing the state of P3s in Texas and how this promising public infrastructure delivery tool can be further advanced at the state and local level to help meet growing infrastructure needs. The Texas economy is thriving but many local units of government are pressed to maintain pace with the growth. Our primary focus is to … Read more

Filed under: News