Construction spending increased by 1.3 percent from December to January as gains in apartment construction and most private and public nonresidential project types outweighed a slump in single-family homebuilding, according to an analysis of new government data by the Associated General Contractors
Forty-four states added construction jobs between January 2018 and January 2019, while 33 states added construction jobs between December and January, according to an analysis by the Associated General Contractors of America of Labor Department data released.
Marcum LLP released its annual analysis of construction industry job trends for 2018, based on the Bureau of Labor Statistics’ Job Openings and Labor Turnover Survey (JOLTS).
Construction employment increased by 52,000 jobs in January and by 338,000 jobs, or 4.7 percent, over the past year, while the latest reading on construction spending showed moderate increases in all major categories
New construction starts in December fell 10 percent to a seasonally adjusted annual rate of $708.9 billion, continuing to retreat after November’s 7 percent slide
Construction employment increased by 38,000 jobs in December and by 280,000 jobs, or 4.0 percent, over the past year, while the industry's average pay accelerated and unemployment decreased to a historic low
Net sales for the fiscal first quarter ended July 31, 2018 increased 21.2% to a record $778.1 million from $642.2 million for the fiscal first quarter ended July 31, 2017. Reported net income decreased to $8.7 million, or $0.20 per diluted share, compared to $15.3 million, or $0.36 per diluted share.
ConstructConnect, a provider of construction information and technology solutions in North America, announced the release of its Spring 2018 Forecast Quarterly Report. From 2019 through 2022, the total construction starts forecast remains unchanged with an almost 5.0 percent average annual rise.