Economy

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.

Report Predicts 4.8 Percent Rise in Construction Spending This Year

by Joanna Masterson | Feb 27, 2019
Economy | Markets

2019 construction spending is expected to continue rising, up 4.8 percent, although at a slower pace than 2018’s 6.5 percent growth, according to Atradius’s annual Market Monitor for the global construction industry.

Project Management Demands Increase in Today’s Volatile Construction Market

Improving the foundation of project management through TVO, supply chain integration and a unified buy-make-move-fulfill process will prepare the industry for consistent and meaningful growth in the coming years.

Ideologies That Need to Change for Construction to Advance

Despite an estimated 11 percent increase in commercial construction, the percentage of young construction workers has declined by 30 percent in the past decade. With more projects and fewer workers, the landscape of the construction industry must adapt if it hopes to advance.

Equipment Leasing and Finance Industry Confidence Eases Further in January

by Equipment Leasing and Finance Association | Feb 13, 2019
Business | Economy | Equipment | Finance

Overall, confidence in the equipment finance market eased further in January to 53.4, a decrease from the December index of 55.5, according to the Equipment Leasing and Finance Foundation's January 2019 Monthly Confidence Index for the Equipment Finance Industry.

Construction Trends Contractors Need to Know in 2019

This year, contractors will need to consider sustainability, hiring, new technology, prefabrication and market conditions. Despite a few areas of concern, most contractors are confident in their ability to meet the challenges of 2019.

Healthy Nonresidential Construction Activity Will Level Off in 2019

by Joanna Masterson | Jan 30, 2019
Economy | Markets

Total construction starts are expected to remain flat at $808.3 billion in 2019, with nonresidential building square footage dropping 4 percent to 1,133 million square feet, according to the 2019 Construction Outlook presented by Dodge Data & Analytics Chief Economist Robert Murray in late October.

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Construction Employment Surges to Start Year, Says ABC

Construction Input Price Declines Carry Into 2019, Says ABC

Report Predicts 4.8 Percent Rise in Construction Spending This Year

Project Management Demands Increase in Today’s Volatile Construction Market

Ideologies That Need to Change for Construction to Advance

Equipment Leasing and Finance Industry Confidence Eases Further in January

Construction Trends Contractors Need to Know in 2019

Healthy Nonresidential Construction Activity Will Level Off in 2019

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