Residential construction rises, nonresidential stalls in October; employment declines in most metros
Construction spending in October increased 1.3% from September and 3.7% from October 2019 to a seasonally adjusted annual rate of $1.439 trillion, the Census Bureau reported on Tuesday.
October Employment Lags February Level in 37 States; Census Finds Many Firms Expect Slow Recovery
Seasonally adjusted construction employment in October trailed pre-pandemic February levels in 37 states and exceeded them in 13 states and the District of Columbia, according to AGC’s analysis of Bureau of Lab
Cost squeeze grows in October; AGC launches outlook survey; Dodge predicts starts will rise in 2021
A cost squeeze for contractors intensified in October as the producer price index (PPI) for inputs to new nonresidential construction increased for the sixth consecutive month (up 0.5% from September).
Bill “Action” Jackson Receives Award from Gov. Little for Generosity
Along with fellow Idahoans, “Action” Jackson will be honored at the Southwest Idaho Philanthropy Day celebration on November 13 at 11:00 am MT. The Outstanding Adult Philanthropist award will be given to “Action” along with two other deserving Idahoans. Their good works will be showcased during the online event.
Employment climbs in October, spending grows in September; compensation rises less than in 2019
Nonfarm payroll construction employment, seasonally adjusted, increased in October by 84,000 to a total of 7,345,000, the Bureau of Labor Statistics reported today.
Cancellations affect 75% of firms in AGC survey; nonresidential investment falls again in third quarter
Three-fourths of the 1,077 respondents in AGC’s October 7-19 coronavirus survey, released on Wednesday, reported that an owner had postponed or canceled at least one scheduled project, compared to 60% of respondents in the AGC-Autodesk Workforce Survey conducted in August and
Words With Wayne 10-30-20
On today's Words With Wayne, meet our newest staff member Blake Mecham, see how our scholarship fundraiser is going, and hear about a NEW partnership awards program between the Idaho AGC and ITD.
First Annual 2020 ITD/AGC Excellence in Construction Partnering Awards
Construction Colleagues,
Construction jobs top February peak in only 8 states; Beige Book finds falling activity, rising costs
Seasonally adjusted construction employment in September exceeded pre-pandemic February levels in only eight states and the District of Columbia, according to AGC’s analysis of Bureau of Labor Statistics (BLS) data