June 12, 2019 | by: NDA
From azbigmedia.com. Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher than they were a year ago.
June 11, 2019 | by: NDA
From eyeonhousing.org. NAHB analysis of the most recent 2017 American Community Survey (ACS) data reveals that the median age of construction workers is 42, a year older than a typical worker in the national labor force. Aging construction workers and the ongoing labor shortage are two major headwinds for home builders and the overall construction industry.
June 10, 2019 | by: NDA
From Construction and Demolition Recycling. President Donald Trump signed a package containing $19.1 billion in disaster relief funding June 6, signaling the first bipartisan commitment toward repairing the country’s aging and damaged infrastructure.
From forconstructionpros.com. The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3%.
May 28, 2019 | by: NDA
From Dodge Data and Analytics. The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16% hike that was reported in March, according to Dodge Data & Analytics. Steep declines were registered by two of the three main construction sectors. Nonbuilding construction, which is comprised of public works and electric utilities/gas plants, plunged 31% from its elevated March amount which was lifted by the start of the $4.3 billion Calcasieu Pass liquefied natural gas (LNG) export terminal in Cameron LA.
May 22, 2019 | by: NDA
From jdsupra.com. The Leading Infrastructure For Tomorrow's America Act (LIFT America Act or the Act), H.R. 2741 - 116th Congress, was introduced by Rep. Frank Pallone Jr. (D-N.J.) on May 15, 2019. The House Committee on Energy and Commerce is scheduled to hold a hearing on the LIFT America Act on May 22, 2019, at 10 a.m. The LIFT America Act seeks to provide funding to rehablilitate drinking water infrastructure containing per-or polyfluoroalkyl substances (PFAS) and redevelop brownfields.
From forconstructionpros.com. Associate Builders and Contractors (ABC) reports that its monthly Construction Backlog Indicator expanded to 9.5 months in March 2019, up 0.7 months or 8.8% since February 2019 when CBI stood at 8.8 months.
May 20, 2019 | by: NDA
From roboticsbusinessreview.com. Research firm Tractica today projected a $226 million revenue market by 2025 for the construction robotics space, an area that traditionally has been labor-intensive and not focused on robotics as much as industries such as manufacturing, supply chain logistics, and health care.
May 10, 2019 | by: NDA
From consructionpros.com. Construction input prices increased 0.9% in April on a monthly basis and 2.4% compared to the same time last year, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data. Nonresidential input prices rose 0.9% compared to March and are up 2.8% on an annual basis.
May 09, 2019 | by: NDA
From myfox8.com. HIGH POINT, N.C. — The Housing Authority of the City of High Point has received approval from the U.S. Department of Housing and Urban Development to demolish and dispose of the primary site at the Daniel Brooks Homes community, according to a news release from the housing authority.
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