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Thu December 13 2018

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Skills shortages hold back construction job rises

24 Sep 2018: The majority of states – 45 plus the District of Columbia – experienced an increase in construction jobs in the year to August, according to an analysis by the Associated General Contractors of America (AGC). more »

Construction input costs rise 6.2%

12 Sep 2018: Construction input costs rose 6.2% in the year to August, outpacing contractors' bid prices, research by Associated General Contractors of America (AGC) has found. more »

Construction employment rises but labor shortages bite

10 Sep 2018: Construction employment rose by 23,000 jobs in August - and by 297,000 over the past year – but labor shortages are preventing firms from hiring more workers, according to a new analysis. more »

Contractors struggle to fill craft jobs

31 Aug 2018: An industry-wide survey has found that 80% construction firms are having a hard time filling the hourly-paid craft positions that represent the bulk of the workforce. more »

Texas and Nevada lead the way in construction job growth

22 Aug 2018: Construction employment rose in 45 states and DC between July 2017 and July 2018, with Texas and Nevada having the biggest increases while New Jersey and South Carolina trailed. more »

US housing starts remain steady

17 Aug 2018: US housing starts inched up slightly in July, with the total number growing by just 0.9% amid reports of some project delays because of cost concerns. more »

Cost increases intensify pressure on contractors

9 Aug 2018: Pressure is intensifying on contractors as year-over-year increases outstrip bid prices, Associated General Contractors of America (AGC) has warned. more »

Number of house-building permits rises

9 Aug 2018: The first six months of this year saw a 6.3% increase in permits for new single-family homes over the same period in 2017, though some areas of the US experienced a decline. more »

Construction spending falls from May’s record high

2 Aug 2018: June saw a decline of 1.1% in construction spending from May’s record level but there were widespread gains in the first half of the year, according to a new analysis by Associated General Contractors of America (AGC). more »

Construction of US wind farms hits record rate

31 Jul 2018: A record amount of wind energy capacity is under construction across the US according to latest figures from the American Wind Energy Association (AWEA). more »

Sales of new homes drop

27 Jul 2018: June saw a 5% fall in sales of new homes according to latest data from the US Department of Housing & Urban Development and the US Census Bureau, though numbers are still up on last year. more »

Number of mergers drops though value rises

26 Jul 2018: Mergers and acquisitions (M&A) in the engineering and construction (E&C) sector lagged the broader market in the second quarter of the year, despite favorable conditions. more »

Construction employment rises

23 Jul 2018: Most states have seen both monthly and annual rises in construction employment, with only six shedding jobs over the year. more »

June sees drops in housing starts and building permits

19 Jul 2018: There were falls in the volume of housing projects started in June and in the number building permits, when compared both to May 2018 and to June 2017. more »

Construction jobs reach 10-year high

10 Jul 2018: Employment in the US construction sector has reached a 10-year high, with the industry adding 13,000 jobs in June. more »

Construction spending reached record level

3 Jul 2018: US construction spending reached a record level of US$1.309 trillion in May but there are warnings of threats ahead. more »

Busy construction market drives rise in costs

21 Jun 2018: The high level of construction activity is continuing to drive an increase in costs according to latest results from a quarterly survey carried out by Turner Construction Company. more »

Housing starts rise to post-recession high

21 Jun 2018: Housing starts reached a post-recession high in May, though the number of permits for future construction dropped. more »

Builders lose confidence as lumber prices soar

19 Jun 2018: Sharply elevated lumber prices are responsible for a drop in builders’ confidence in the market for newly built single-family homes, new research has found. more »

Home builders put price on government regulation

15 Jun 2018: A new study has found that more than 30% of the cost of developing a typical multi-family housing project is attributable to regulation. more »

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