Articles Tagged with ''economy''

While the original commercial passenger terminal was constructed in 1952, it wasn’t until the 1990s—when commuter airlines became more prevalent—that Alpena’s civilian air travel expanded enough to qualify for Federal Airport Improvement funds. By 2018, county and airport officials were ready to update operations by replacing the long-standing terminal with a more expansive and updated facility. 

A rule that applies “economic realities” to determining whether a subcontractor is an independent contractor or employee may be back on the table for contractors.

According to a new report from AIA, the nonresidential building sector is expected to see a healthy rebound through next year after failing to recover with the broader economy last year.

The proposed facility will manufacture HempWool, a sustainable, high-performing fiber insulation for residential and commercial construction projects. The plant-based insulation product captures CO2, helping build healthier and more sustainable homes. 

The Portland Cement Association (PCA) released its annual Fall Forecast which predicts a modest decrease in cement consumption during 2020 and 2021. 

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, issued a statement in reaction to the release of Senate Republican’s latest coronavirus relief measure, the Heals Act.

In a sign that housing stands poised to lead a post-pandemic economic recovery, builder confidence in the market for newly-built single-family homes jumped 21 points to 58 in June. 

The Q2 2020 USG Corporation + U.S. Chamber of Commerce Commercial Construction Index (Index) released on June 23 plunged from 74 in Q1 to 56 in Q2.

The U.S. Green Building Council (USGBC) has released four new Safety First Pilot Credits in response to the Coronavirus Disease 2019 (COVID-19). 

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 percent unemployment rate was the highest for May since 2012, according to an analysis by the Associated General Contractors of America of government data released today.