The construction industry added 25,000 jobs on net in May, according to an Associated Builders and Contractors analysis of data released today by the U.S. Bureau of Labor...
Reshaping the Industry
Three actions are necessary to build a thriving, profitable and durable construction industry:
- Acceptance. Recognize current situations and challenges and accept they are real.
- Leadership. Embrace core values and principles as innovators and leaders.
- Solutions. Collaborate among owners, contractors and workforce for solutions.
Construction employment, seasonally adjusted, totaled 7,928,000 in May, a gain of 25,000 from April and 192,000 (2.5%) year-over-year (y/y), according to AGC’s analysis ...
The Architecture Billings Index (ABI) registered a score of 48.5, seasonally adjusted in April, down from 50.4 in March and the sixth reading in the past seven months below 50,...
A coating lacks intelligence. It does not have sentience. A coating cannot decide to wet out over one area and not on another area, even if those areas are 5 feet (1.5m) apart. A...
Seasonally adjusted construction employment rose from April 2022 to April 2023 in 42 states and the District of Columbia, declined in seven states, and held steady in Hawaii,...
WASHINGTON, May 16—Associated Builders and Contractors reported today that its Construction Backlog Indicator increased to 8.9 months in April from 8.7 in March, according to...
The producer price index (PPI) for material and service inputs to new nonresidential construction rose 0.5% from March to April but declined 1.1% year-over-year (y/y), according...
WASHINGTON, May 11—Construction input prices increased 0.2% in April compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S....
Construction employment, seasonally adjusted, totaled 7,903,000 in April, a gain of 15,000 from March and 205,000 (2.7%) year-over-year (y/y), according to AGC’s analysis...