Nonresidential Construction Spending Inches Up in August, Says ABC

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National nonresidential construction spending increased 0.1% in August, according to an Associated Builders and Contractors’ analysis of data published by the U.S. Census Bureau. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.22 trillion. Spending was up on a monthly basis in 10 of the 16 nonresidential subcategories. Private nonresidential spending decreased 0.1%, while public nonresidential construction spending was up 0.3% in August. “Nonresidential construction spending inched higher in August, and that’s almost entirely due to ongoing infrastructure investments,” said ABC Chief Economist Anirban Basu. “Public spending accounted for all of the nonresidential segment’s monthly increase and has risen … Read more

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DBIA Honors Outstanding Leaders with 2024 Distinguished Leadership Awards

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The Design-Build Institute of America has announced the recipients of the 2024 Distinguished Leadership Awards. The awards are presented to individuals who have demonstrated exceptional leadership in advancing the Design-Build project delivery method and promoting collaboration within the industry. This year’s honorees include: Rodney Pope, vice president, Brown and Caldwell (Industry Practitioner) Emily Galliers, design manager, Build Group Inc. (Young Professional) James “Tony” Parrott, CEO, Louisville and Jefferson County Metropolitan Sewer District (Owner) Each of these distinguished leaders has made a significant impact on the industry through their dedication to innovative solutions, commitment to Design-Build best practices and efforts to … Read more

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ABC: Record Rebound in Construction Job Openings in August

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The construction industry had 370,000 job openings on the last day of August, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting. Industry job openings increased by 138,000 last month but are down by 16,000 from the same time last year. “Construction job openings rebounded sharply in August, exhibiting the largest one-month increase on record,” said ABC Chief Economist Anirban Basu. “Much of this surge is likely due to the … Read more

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NCCER Named DEWALT Grow the Trades Grant Recipient

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The National Center for Construction Education and Research is a DEWALT Grow the Trades Grant recipient for its efforts to provide career and technical education programs and industry-recognized credentials to students through the High School Builder Program. With an estimated 500,000 open construction jobs unfilled, DEWALT’s Grow the Trades Grants aim to help close the skilled labor gap by supporting nonprofit organizations that are skilling, reskilling and upskilling tradespeople. Each year, the program awards funding and tool donations as part of a larger $30 million commitment over five years to close the skilled trades gap. NCCER was selected as one … Read more

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Construction Employment Increases In 39 States Between August 2023 And August 2024

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Construction employment increased in 39 states in August from a year earlier, while 27 states and the District of Columbia added construction jobs between July and August, according to a new analysis of federal employment data released by the Associated General Contractors of America. Association officials said that tight labor market conditions are making it hard for firms to find enough workers to hire. Between August 2023 and August 2024, 39 states added construction jobs, 10 states and D.C. shed jobs, and employment was unchanged in Georgia. Texas added the most construction employees (36,600 jobs), followed by Florida (36,200 jobs), … Read more

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