The construction industry added 48,000 jobs in February, the ninth consecutive month of job growth for the sector, as more people are working in construction than at any point in the last three and a half years, according to an analysis of new government data by the Associated General Contractors of America. Association officials cautioned, however, that employment gains remain tenuous and could be undermined if Washington officials fail to reach a deal on federal investment levels later this month. “With construction employment increasing by the largest amount for a single month in nearly six years, the steady improvement in … Read more
Green Construction Focuses on Need to Control Building Energy Costs
FARMINGTON, Conn. — Green construction is moving from a niche to the mainstream. Interest in joining the green construction market is growing. Regulatory instruments, governmental initiatives and financial support mechanisms, together with growing consumer awareness and expectations, all put pressure on construction market participants to adopt more green practices. Through 2017, a rebound in construction activity, combined with continuing consumer interest in environmentally friendly products, will propel U.S. growth in green building materials demand 11 percent annually to $86.6 billion. U.S. construction activity declined sharply during much of the 2007-2012 period, but demand for green building materials held its own, … Read more
National Construction Charity Group Begins Renovations on Nonprofit Headquarters
Construction charity organization AGC Charities, Inc. began work this week on renovations to the main facility of a Palm Springs area group that supports children and adults with disabilities as part of its annual Operation Opening Doors event. Dozens of contractors are donating time, expertise and money to make a series of improvements to the headquarters of Angel View. “We are using our skills to make life a little easier and a lot more accessible for people with disabilities,” said Jim Clemens, chairman of Ocean City, N.J.-based Clemens Construction Co. and the chairman of AGC Charities. “Our members are committed … Read more
Nonresidential Construction Index Continues to Rise
RALEIGH, N.C. — FMI, provider of management consulting and investment banking to the engineering and construction industry, announced the release of The 2013 First Quarter Nonresidential Construction Index report. The NRCI of 58.1 is a 2.6-point improvement over the fourth quarter of 2012. The improvement reflects fundamental bright spots in the economy. “Optimistic but not bullish” is the way one panelist described his outlook on hiring for his company in 2013. Reflective of this is that 45 percent of NRCI panelists expect to increase full-time direct employees by as much as 5 percent, with most noting that hiring will be … Read more
Construction Spending Declines in January, Gains Year-Over-Year
Construction spending snapped a nine-month string of monthly gains with a sharp decline in January but still rose from year-ago levels, according to an analysis of new Census Bureau data by the Associated General Contractors of America. Association officials cautioned that “across-the-board” federal spending cuts known as sequestration, along with a possible shutdown of the federal government later this month, could hit construction harder than most sectors and dampen demand for needed projects. “At first glance, January was a bad month for construction, with a sharp drop in private nonresidential spending, along with small dips in residential and public construction,” … Read more



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