Dodge Momentum Index Slips Again in March

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NEW YORK, N.Y. — The Dodge Momentum Index retreated 0.8 percent in March compared to February, according to McGraw Hill Construction, a division of McGraw Hill Financial. The Momentum Index is a monthly measure of the first (or initial) report for nonresidential building projects in planning, which have been shown to lead construction spending for nonresidential buildings by a full year. The March Momentum Index came in at 113.8 (2000=100), down from a revised 114.8 in February and 118.3 in January. While the longer term trend is still viewed as positive, the Momentum Index appears to be experiencing a temporary … Read more

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AGC Reports on March Construction Employment Gains, Losses

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Construction firms added jobs in 38 states over the past 12 months, although job gains leveled off between February and March, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials said the ongoing year-over-year gains point to the urgency of revitalizing and initiating programs to encourage workers and graduating students to get construction careers. “The widespread gains in employment from a year ago are encouraging, given the tough winter many states experienced right through March,” said Ken Simonson, the association's chief economist. “The never-ending winter of 2014 may account for the dip … Read more

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Pratt Institute, Turner Construction Company Establish Partnership to Grow Talent Pipeline

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Pratt Institute is partnering with Turner Construction Company to increase the number of students pursuing a degree in construction management. The aim of the Pratt/Turner partnership is to address the shortage of graduates possessing both the rigorous technical foundations and the broader preparation in analysis, planning and management essential to this rapidly changing field and industry. The Pratt/Turner partnership has awarded scholarships — equal to 50 percent of a year's tuition — to six New York City high school students: three from Brooklyn Tech and three from Urban Assembly School of Construction and Design. The students, selected after a competition … Read more

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Turner Construction Company Achieves OHSAS 18001 Registration for Safety Program

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Turner Construction Company has earned Occupational Health and Safety Advisory Services 18001 registration, which recognizes the development and implementation of a comprehensive safety program that strives to provide and maintain the safest possible work conditions. OHSAS registration demonstrates Turner's commitment to safety and dedication to the continuous improvement of safety performance. Turner's safety philosophy is trademarked as Building L.I.F.E. (Living Injury Free Everyday). The Building L.I.F.E. approach strives to eliminate all worksite incidents and is supported by four guiding principles: Injuries are preventable Perform a job only if it is safe Working safely is a condition of employment Practice and … Read more

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AGC Reports on February Construction Employment Increase, Topping Out

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Construction employment expanded in 175 metro areas, declined in 106 and was stagnant in 58 between February 2013 and February 2014, according to a new analysis of federal employment data released today by the Associated General Contractors of America. Association officials noted, however, that despite the gains construction employment remained below peak levels in all but 19 metro areas. “It is encouraging that contractors added workers in so many locations despite severe weather that delayed some project starts,” said Ken Simonson, the association’s chief economist. “At the same time, it's clear that the upturn in construction is far from universal. … Read more

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