Construction spending during October 2021 was estimated at a seasonally adjusted annual rate of $1,598.0 billion, 0.2% (±1.2%) above the revised September estimate of $1,594.8 billion, according to The U.S. Census Bureau. The October figure is 8.6% (±1.3%) above the October 2020 estimate of $1,471.7 billion. During the first 10 months of this year, construction spending amounted to $1,323.1 billion,…
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Filling the Employment Gap
OAIMA Is Building An Educational Program That Prepares High School Students For Industry Careers. By Therese Dunphy
Read MoreVolvo to Invest $4.3 Million in North American Training Facility
Volvo Construction Equipment (Volvo CE) is making a major investment in technical training facilities and programs with the addition of a $4.3 million training center in Shippensburg, Pa.
Read MoreFMI Reports on Managing Risk
Construction consultancy FMI issued a report on “Managing Risk in the Digital Age,” based on a survey of participants in the Associated General Contractors of America’s 2018 Surety Bonding and Risk Management Forum.
Read MoreAGG1 a Huge Success in Houston
The 2018 AGG1 Academy & Expo, co-located with the World of Asphalt, concluded a successful run, March 6-8, with a very positive atmosphere, as attendees and exhibitors conducted business and discussed issues affecting future growth such as infrastructure funding and industry experts shared best practices during well-attended education sessions.
Read MoreCalifornia’s SB 1 to Be $183 Billion Boost to State’s Economy
A comprehensive new analysis finds that an April 2017 California law will generate nearly $183 billion in economic activity and user benefits throughout all sectors of the state’s economy over 10 years.
Read MoreDoug Oberhelman
Doug Oberhelman, chairman and chief executive officer of Caterpillar Inc., was named the sole recipient of the American Road & Transportation Builders Association’s (ARTBA) highest honor – the “ARTBA Award.” It was presented to Oberhelman Oct. 6 during the association’s national convention, held in Tucson, Ariz. Established in 1960, the “ARTBA Award” recognizes individuals for outstanding contributions that have advanced…
Read MoreNew Construction Starts Make Huge Jump
New construction starts in August soared 21 percent to a seasonally adjusted annual rate of $711.2 billion, according to Dodge Data & Analytics, following lackluster activity in July. The August rise for total construction starts featured an especially elevated amount for nonresidential building, which was helped by the start of a $3 billion petrochemical plant in Louisiana, the $1.7 billion…
Read MoreIndustry Urges Congress to Tackle Worker Shortage
Construction employment slipped from July to August for the fourth time in five months. Year-over-year job gains and recently released spending data suggest the recent weakness is due to firms having a hard time finding workers rather than lack of demand, according to an analysis by the Associated General Contractors of America. Association officials said its recent survey that found…
Read MoreConExpo-Con/Agg to Give You the Boot
June 27, 2016 – With summer construction work in full swing, ConExpo-Con/Agg has launched a social media sweepstakes that gives the hardworking men and women of the construction and aggregates industries a chance to win a new pair of work boots. Any eligible individual who likes ConExpo-Con/Agg on Facebook or Twitter and provides their email address on the sweepstakes page will…
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