Economy

Survey: 70% of Contractors Struggle to Meet Project Deadlines as Labor Shortage Persists

The Commercial Construction Index indicates the labor shortage continues to pose major challenges to the industry, causing firms to ask skilled workers to do more work (81%), struggle to meet deadlines (70%), increase costs for new work (63&) and reject new projects (40%).

Expect Moderate Growth in Cement Consumption

by Joanna Masterson | Mar 31, 2019
Economy | Infrastructure | Markets

The Portland Cement Association’s spring forecast calls for strong to moderate growth for cement consumption through 2019--up 2.3 percent--and into 2020. This marks a marginal slowing in the pace of growth compared to PCA’s fall 2018 forecast.

Location Is Key for Condo Construction

by Tom Bock | Mar 30, 2019
Economy | Markets | Multifamily

How do developers and builders determine the right spot for their next condo project? It comes down to two major considerations: neighborhood and convenience.

Construction Contractors Lose Confidence in Q4 But Remained Upbeat Heading Into 2019, Says ABC

by ABC | Mar 25, 2019
Business Development | Economy | Finance | Markets

Construction industry leaders remained predominantly confident about the nonresidential construction sector’s prospects during the final quarter of 2018, according to the latest Construction Confidence Index released by ABC.

The Hidden Promise of America’s Under-Recognized Small-Town Growth Stars

by Matt Mowell | Mar 15, 2019
Business Development | Economy | Markets

Many small- and medium-sized U.S. towns have impressive growth stories—and there is strong future economic potential in places often overlooked by construction firms and developers.

An In-Depth Look Inside Construction Hiring During the Skilled-Labor Shortage

Here's a look at the most popular construction job titles, top skills and length of typical employment ads, as well as tips for contractors to find the right employees.

Construction Employment Surges to Start Year, Says ABC

Construction employment expanded by 52,000 net new jobs in January, according to an ABC analysis of data released by the BLS. Industry employment is up by 338,000 net jobs on a yearly basis, which represents an increase of 4.7 percent.

Construction Input Price Declines Carry Into 2019, Says ABC

by ABC | Mar 5, 2019
Economy | Markets | Total Human Health

Construction input prices fell 0.7 percent on a monthly basis in January yet are up 1.6 percent year-over-year according to an ABC analysis of BLS data. Construction input prices have declined for three consecutive months and in four of the previous six months.

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Survey: 70% of Contractors Struggle to Meet Project Deadlines as Labor Shortage Persists

Expect Moderate Growth in Cement Consumption

Location Is Key for Condo Construction

Construction Contractors Lose Confidence in Q4 But Remained Upbeat Heading Into 2019, Says ABC

The Hidden Promise of America’s Under-Recognized Small-Town Growth Stars

An In-Depth Look Inside Construction Hiring During the Skilled-Labor Shortage

Construction Employment Surges to Start Year, Says ABC

Construction Input Price Declines Carry Into 2019, Says ABC

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