Construction Backlog Indicator Slips in October, Contractor Confidence Remains Elevated

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Associated Builders and Contractors’ Construction Backlog Indicator fell to 8.4 months in October, according to an ABC member survey conducted Oct. 21-Nov. 4. The reading is unchanged from October 2023. Backlog fell in every region except for the Northeast in October, reversing the previous month’s trend in which every region except for the Northeast saw an increase in backlog. Only the Middle States have longer backlog than one year ago. ABC’s Construction Confidence Index readings for sales and staffing levels improved in October, while the reading for profit margins inched slightly lower. The readings for all three components are above … Read more

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Hensel Phelps Awarded Concourse A Reconstruction Project at Nashville International Airport

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Hensel Phelps has been selected to provide Construction Manager at Risk services for the Concourse A Reconstruction Project at Nashville International Airport by the Metropolitan Nashville Airport Authority. As part of the BNA New Horizon program, a long-term plan to accommodate Middle Tennessee’s rapid growth, this project marks Hensel Phelps’ fourth major contract at the airport. The Concourse A project will include the demolition of the existing six-gate concourse and old International Arrivals Facility, reconstruction of a new 16-gate Concourse A and a landside extension of North ticketing and baggage claim. The project is expected to complete the design phase … Read more

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ABC: Almost Half of State Construction Unemployment Rates Down From a Year Ago

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The national September 2024 not seasonally adjusted construction unemployment rate was 3.7%, down .1% from the previous year, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors. The analysis also found that 24 states had lower construction unemployment rates over the same period, four states were unchanged and 22 states were higher. National NSA payroll construction employment was 230,000 higher than last September. Since February 2022, seasonally adjusted construction employment has exceeded its pre-pandemic peak of 7.6 million. As of September 2024, SA payroll construction employment stood at 8.3 million. There … Read more

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Luis Delgado Named New Board of Directors Chair for CMAA

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Luis Delgado, CCM, president and national group lead for STV’s program and construction management practice, recently became the new chair of the Board of Directors of the Construction Management Association of America. Delgado drives STV’s strategic plan vision leveraging his delivery expertise and business leadership skills acquired by managing extensive major capital programs and projects throughout his career. Prior to joining STV, he served as U.S. west region director of growth for a multinational engineering firm, where he oversaw more than $7.5 billion in projects across 32 states. He is a member of the CMAA North Texas Chapter. He has … Read more

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Skanska Reaches Construction Milestone for $34.69M Recreation Complex in Tampa, Florida

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Skanska has successfully placed 270 structural frame and wall pre-cast pieces for the $34.69-million redevelopment and expansion of the East Tampa Recreational Complex at Fair Oaks Park, marking the project’s topping out. Slated for completion in spring 2026, the 10.25-acre site in East Tampa, Florida will feature a diverse range of indoor and outdoor community spaces and recreational activities, including a senior center, recreation center, athletic field and exercise trail, all powered by over 500 solar panels. The project’s Design-Build team is led by Skanska as the builder, alongside architecture firms Howard + Associates and Convergence Design. Skanska’s scope of … Read more

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