The Interchange

Your Idaho AGC News Source

Expansion continues, Beige Book finds; so do price increases for construction inputs

"Reports from the 12 Federal Reserve districts indicated that the economy continued to expand from late November through the end of the year, with 11 districts reporting modest to moderate gains and Dallas recording a robust increase," the Federal Reserve reported on Wednesday in its latest "Beige Book." The report is a compilation of informal soundings of business conditions

Contractors report optimism for 2018; employment hits nine-year high; spending sets record

Contractors are more optimistic, on balance, than in previous years about the 2018 outlook for nonresidential and multifamily construction, based on the 1,046 responses to a survey that AGC released o

Idaho AGC Student Chapter Wins THIRD Place in AGC of America Outstanding Student Chapter Contest!

The Associated General Contractors of America is proud to announce that Boise State University has earned Third Place in the 2017 AGC Outstanding Student Chapter Contest! 

The school’s portfolio of community service projects, partnership with their local chapter (The Idaho AGC) and participation in national events are excellent examples of student chapter leadership and service. Boise State University students are the future of our industry and we look forward to what they will bring to the world of construction!

Construction employment rises in 40 states in November; starts slump, Dodge says

Seasonally adjusted construction employment rose in 40 states year-over-year (y/y) from November 2016 to November 2017, declined in 10 states and held steady in the District of Columbia, an AGC analysis of Bureau of Labor Statistics (BLS)

BSU CM Offering Revised CM Certificate Course!

Boise State University Department of Construction Management will be offering a revised CM Certificate course through BSU Extended Studies. The new AEC Project Management Course has been refocused to present Project Management concepts at a level more consistent with the audience it intends to attract; Architects, Engineers, personnel within the Construction industry, and other professionals with careers tied to the AEC industry.

Construction input PPIs accelerate in November; job openings, hiring plans increase

The producer price index (PPI) for final demand in November, not seasonally adjusted, increased 0.1% from October and 3.1% y/y from November 2016, the Bureau of Labor Statistics (BLS) reported

Construction spending hits record in October; public, private segments vary widely

Construction spending totaled $1.241 trillion at a seasonally adjusted annual rate in October, a record level before adjusting for inflation, 1.4% higher than in September, and 2.9% higher than the October 2016 rate, the Census Bureau

Value of starts drops in October, Dodge says; reports are mixed regarding cost trends

The value of new construction starts decreased 9% in October at a seasonally adjusted annual rate, following a 14% jump in September, Dodge Data & Analytics

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