Construction Superintendent Magazine

SEPTEMBER 20, 2023

Global construction consultant Linesight released its Q2 US Country Commodity Report , noting that commodity prices are continuing to stabilize, albeit at elevated levels, with the GDP rising beyond expectations and signs of cooling inflation.

Industrial 52

Industrial United States Construction Consulting 52

Construction Superintendent Magazine

AUGUST 23, 2023

The construction industry had 374,000 job openings on the last day of June, according to an Associated Builders and Contractors’ analysis of data from the U.S. Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey. JOLTS defines a job opening as any unfilled position for which an employer is actively recruiting.

ABC 52

ABC Statistics Construction Employment 52

Construction Superintendent Magazine

JULY 24, 2023

The construction sector added 23,000 jobs in June while the sector’s unemployment rate fell to the lowest rate ever for the month and pay levels in the industry continued to rise, according to an analysis of new government data the Associated General Contractors of America released.

AGC 52

AGC America Employment Contractors 52

Construction Superintendent Magazine

MARCH 21, 2023

Total construction starts fell 27% in January to a seasonally adjusted annual rate of $865.6 billion, according to Dodge Construction Network. During the month, nonresidential building starts fell 38%, residential starts lost 20% and nonbuilding starts declined by 16%.

Construction 52

Construction Residential News 52

Construction Superintendent Magazine

FEBRUARY 22, 2023

There is huge potential for those looking to adapt and become more resilient explains Kenny Ingram, vice president of Construction & Engineering and Chris Knight, global industry director of Construction & Engineering at IFS.

Engineering 52

Engineering Construction Organization Modeling 52

Construction Superintendent Magazine

DECEMBER 12, 2022

The Marcum Commercial Construction Index for the third quarter of 2022 reports that the construction industry remains constrained by labor shortages and elevated materials prices, but now also faces a rapidly deteriorating economic outlook and severely elevated borrowing costs.

Industrial 52

Industrial Construction Commercial Materials 52

Construction Superintendent Magazine

NOVEMBER 16, 2022

Turner Construction Company announced the Third Quarter 2022 Turner Building Cost Index — which measures costs in the nonresidential building construction market in the United States — had increased to the value of 1311. This represents a 2.18% quarterly increase from second quarter 2022 and an 8.62% yearly increase from third quarter 2021. “We

Industrial 52

Industrial United States Construction Travel 52

Construction Superintendent Magazine

OCTOBER 24, 2022

The Equipment Leasing & Finance Foundation released the September 2022 Monthly Confidence Index for the Equipment Finance Industry. The index reports a qualitative assessment of both the prevailing business conditions, and expectations for the future, as reported by key executives from the $900-billion equipment finance sector.

Finance 52

Finance Equipment Industrial Leases 52

Construction Superintendent Magazine

SEPTEMBER 20, 2022

The first half of 2022 saw cost inflation persist at an elevated rate as strong construction demand competed with a broad range of global and local issues. Though inflation and supply chain troubles are reminiscent of 2021, the contributing material components have shifted and new supply side issues have emerged.

Construction 52

Construction Materials Industrial News 52

Construction Superintendent Magazine

AUGUST 22, 2022

Construction contractors remain cautiously optimistic a year after the industry’s post-pandemic comeback started in earnest, according to the 2022 Marcum National Construction Survey. Contractors reported being buoyed by the federal infrastructure bill, growing backlogs and other tailwinds. The annual survey is conducted by Marcum LLP.

Construction 52

Construction Infrastructure Contractors News 52

Construction Superintendent Magazine

JULY 18, 2022

The Marcum Commercial Construction Index for the first quarter of 2022 reports that the construction industry faces increasing costs and shortages of both labor and materials, as well as rising interest rates. The residential sector has maintained its momentum while weakness continues to characterize the nonresidential sector.

Materials 52

Materials Construction Commercial Profitability 52

Construction Superintendent Magazine

JUNE 20, 2022

A review of 2018-21 Associated General Contractors of America surveys of more than 5,000 member firms nationwide reveals that nonunion construction firms are facing significantly greater workforce supply problems than their union counterparts. These problems preceded the COVID-19 pandemic.

Contractors 52

Contractors Union Illinois America 52

Construction Superintendent Magazine

MAY 19, 2022

The not-seasonally adjusted national construction unemployment rate dropped 2.6% in March 2022 from a year ago, down from 8.6% to 6%, while 45 states had lower unemployment rates over the same period, according to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors.

ABC 52

ABC United States Statistics Employment 52

Construction Superintendent Magazine

APRIL 19, 2022

Prices of materials and services used in new nonresidential construction jumped more than 21% from March 2021 to March 2022, according to an analysis by the Associated General Contractors of America of government data.

America 52

America Construction Contractors Materials 52

Construction Superintendent Magazine

MARCH 21, 2022

The construction industry added 60,000 jobs on net in February, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered virtually all (99%) of the jobs lost during earlier stages of the pandemic. over the past 12 months.

ABC 52

ABC Employment Statistics Construction 52

Construction Superintendent Magazine

FEBRUARY 23, 2022

Construction input prices rose 3.5% in January compared to the previous month, according to an Associated Builders and Contractors analysis of the U.S. Bureau of Labor Statistics’ Producer Price Index data. Nonresidential construction input prices increased 3.1% for the month. Construction input prices are up 23.6%

ABC 52

ABC Statistics Construction Contractors 52

Construction Superintendent Magazine

DECEMBER 13, 2021

The Marcum Commercial Construction Index for the third quarter of 2021 reports that the construction industry’s recovery slowed during the summer in the face of labor shortages and rising material prices. Nonresidential construction spending remains 10.7% below January 2020 levels, but is 1.3 lower than it was one year ago.

Industrial 52

Industrial Construction Commercial Materials 52

Construction Superintendent Magazine

NOVEMBER 16, 2021

The construction industry added 44,000 jobs between September and October as nonresidential construction firms posted back-to-back increases for the first time since January, according to an analysis of government date by the Associated General Contractors of America.

Employment 52

Employment America Construction News 52

Construction Superintendent Magazine

OCTOBER 20, 2021

Marcum LLP released its second annual survey of the national construction industry. Survey responses highlight the construction industry’s comeback, with optimism on the rise as GDP climbs and unemployment drops.

Industrial 52

Industrial Construction Materials News 52

Construction Superintendent Magazine

SEPTEMBER 15, 2021

The prices contractors pay for construction materials continued to increase in August, while many firms report struggles to get those materials delivered on time, according to an analysis by the Associated General Contractors of America of government data.

Materials 52

Materials Contractors America Washington 52

Construction Superintendent Magazine

AUGUST 23, 2021

The nation’s construction industry added 11,000 jobs on net in July, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics. Overall, the industry has recovered 886,000 (79.6%) of the jobs lost during earlier stages of the pandemic.

ABC 52

ABC Statistics Construction Employment 52

Construction Superintendent Magazine

JULY 21, 2021

Construction employment declined by 7,000 between May and June as the industry still employs 238,000 fewer people than before the pandemic, according to an analysis by the Associated General Contractors of America of government data.

Employment 52

Employment Construction America Residential 52

Construction Superintendent Magazine

MAY 20, 2021

Total construction starts fell 2% in April to a seasonally adjusted annual rate of $853.5 billion, according to Dodge Data & Analytics. Single-family construction posted a sizeable decline following months of strong activity, while nonresidential building and nonbuilding starts both gained.

Construction 52

Construction Housing Materials Residential 52

Construction Superintendent Magazine

DECEMBER 16, 2020

Only 30% of the nation’s metro areas added construction jobs in the past year, according to an analysis of new government data that the Associated General Contractors of America released.

Metro 52

Metro Construction Finance Employment 52

Construction Superintendent Magazine

JANUARY 26, 2022

The Dodge Momentum Index fell 3% in December to 166.4 2000=100), down from the revised November reading of 170.7.

Commercial 52

Commercial Plans Risk Construction 52

Construction Superintendent Magazine

NOVEMBER 12, 2020

Associated Builders and Contractors reported its Construction Backlog Indicator rebounded to 7.7 months in October, an increase of 0.2 months from September’s reading, according to an ABC member survey conducted from Oct. 20 to Nov. The backlog is 1.2 months lower than in October 2019.

Contractors 52

Contractors ABC Profitability Construction 52

Construction Superintendent Magazine

SEPTEMBER 21, 2020

The coronavirus has harmed the construction industry, prompting project delays and cancellations, layoffs and furloughs. However, it remains difficult for a majority of firms to find craftworkers to hire, according to the results of a workforce survey conducted by the Associated General Contractors of America and Autodesk.

AGC 52

AGC Autodesk America Industrial 52

Construction Superintendent Magazine

AUGUST 25, 2020

The COVID-19 pandemic has hit the construction industry hard, with nearly 1 million workers losing their jobs between March and April. The new issue of the CPWR Data Bulletin focuses on COVID-19’s economic impact on the industry from March to June 2020, including job losses, business closures and medical absences.

Industrial 52

Industrial Construction News 52

Construction Superintendent Magazine

JUNE 18, 2020

Construction employment rebounded by 464,000 jobs in May, but the total remained 596,000 below the latest peak in February and the industry’s 12.7% unemployment rate was the highest for May since 2012, according to an analysis by the Associated General Contractors of America of government data.

AGC 52

AGC Employment Construction Deals 52

Construction Superintendent Magazine

MARCH 25, 2020

The coronavirus pandemic has caused more than one out of four contractors to halt or delay work on projects, according to a survey released by the Associated General Contractors of America. The survey results show how quickly market conditions have changed compared to data showing a majority of metro areas added construction jobs through January.

Contractors 52

Contractors Metro America Infrastructure 52

Construction Superintendent Magazine

APRIL 21, 2021

The Dodge Momentum Index moved 1.7% higher in March to 151.4 2000=100) from the revised February reading of 148.8.

Plans 52

Plans Construction News 52

Construction Superintendent Magazine

JULY 10, 2020

The recently released Q2 2020 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index plunged from 74 in Q1 to 56 in Q2.

Commercial 52

Commercial Construction Maine Industrial 52

Construction Superintendent Magazine

JANUARY 18, 2021

The Dodge Momentum Index jumped 9.2% in December to 134.6 2000=100) from the revised November reading of 123.3.

Commercial 52

Commercial Plans Construction News 52

Construction Superintendent Magazine

MAY 13, 2020

The Dodge Momentum Index moved 6 % lower in April to 135.9 2000=100) from the revised March reading of 144.5.

Commercial 52

Commercial Plans Construction News 52

Construction Superintendent Magazine

APRIL 22, 2020

Construction industry employment declined by 29,000 in March, according to an Associated Builders and Contractors’ analysis of data released by the U.S. Bureau of Labor Statistics. Nonresidential construction employment declined by 24,600 in March.

ABC 40

ABC Employment Statistics Construction 40

Construction Superintendent Magazine

AUGUST 20, 2018

Construction employment increased by 19,000 jobs in July and by 303,000 jobs over the past year, reaching a 10-year high, and the industry’s unemployment rate and level hit an all-time low, according to an analysis of new government data by the Associated General Contractors of America.

Employment 53

Employment Industrial Construction Residential 53

Construction Superintendent Magazine

FEBRUARY 19, 2018

Construction employment increased by 36,000 jobs in January to the highest level since August 2008, according to an analysis of new government data by the Associated General Contractors of America. Association officials said a possible new measure being discussed in Washington that would invest an additional $1.5

Employment 49

Employment Construction Washington America 49