Construction Input Prices Inch Up in August, but Lower Than 1 Year Ago

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Construction input prices increased .1% in August compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased .2% for the month. Prices decreased in all three energy subcategories last month. Natural gas prices fell by 29.8%, while unprocessed energy materials and crude petroleum prices declined by 7.5% and 4.2%, respectively. Overall construction input prices are .7% lower than a year ago, while nonresidential construction input prices are down by .9%. “Construction input prices are now down almost a full percentage point over … Read more

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Concrete Industry Management Program Seeks Donation for Annual Auction

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The Concrete Industry Management program – a business-intensive program that awards students with a four-year Bachelor of Science degree in Concrete Industry Management – is seeking donations for its 2025 CIM Auction to be held at World of Concrete. The auction is scheduled for Wednesday, Jan. 22, 2025, at the Las Vegas Convention Center. The silent auction will be held from 11 a.m. to 1 p.m. and the live auction begins at 1 p.m. “The proceeds from the 2025 CIM Auction will benefit the CIM National Steering Committee (NSC) and support the current CIM programs at Middle Tennessee State University, … Read more

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Request for Proposals Sought for University-Affiliated Hotel in Ohio

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Miami University in Oxford, Ohio, is seeking a development team to design, construct, finance, operate and maintain a university-affiliated hotel with food and beverage and fitness amenities on university-owned property. Miami University envisions a development team that will respond to the existing lodging demand in the area and create additional demand by providing a quality lodging alternative not available in Oxford. The university is working with JLL as its development advisor. Led by JLL Associate Vice President Ed Chatmon, the team will continue to advise through the solicitation and contracting process. “We are excited to bring this unique opportunity to … Read more

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August Nonresidential Construction Employment Up by 28,300, ABC Says

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The construction industry added 34,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. On a year-over-year basis, industry employment grew by 228,000 jobs, an increase of 2.8%. Nonresidential construction employment increased by 28,300 positions on net, with growth in all three subcategories. Nonresidential specialty trade added the most jobs on net, increasing by 14,000 positions. Heavy and civil engineering and nonresidential building added 13,500 and 800 jobs, respectively. The construction unemployment rate fell to 3.2% in August. Unemployment across all industries declined from 4.3% in … Read more

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Howard S. Wright to Deliver Renovations for Alaska Airlines’ New Training Facility

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Howard S. Wright, a Balfour Beatty company, has been selected to renovate Alaska Airlines’ new training facility in Renton, Washington. In partnership with Alaska Airlines, Seneca Group and design partner, NBBJ, Howard S. Wright will renovate the North Building on the Longacres campus for the airline to centralize its operations and world-class training programs for flight attendants, pilots, customer service agents and more. Alaska Airlines purchased 19 acres of the Longacres property from Unico Properties, which includes the North Building that Howard S. Wright will renovate for Alaska Airlines’ new facility. Howard S. Wright will work with its industry partners … Read more

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