The Interchange

Your Idaho AGC News Source

'Bid price' PPI outpaces input cost increase in June; job openings set new record

Contractors' bid prices increased 0.6% from June to July, while materials and services input costs rose 0.2% for the month, based on the latest producer price indexes (PPIs) that the Bureau of Labor Statistics (BLS) posted today.

Employment gains slow in July; spending slips in June; wage gains show little change

Nonfarm payroll employment in July increased by 164,000, seasonally adjusted, from June and by 2,256,000 (1.5%) year-over-year (y/y) from July 2018, BLS reported on July 5. The unemployment rate was 3.7%, unchanged from June.

2020 ConExpo Registration is NOW OPEN!

TICKETS FOR NORTH AMERICA'S LARGEST CONSTRUCTION TRADE SHOW ON SALE NOW

BIPARTISAN SENATE MEASURE WILL HELP IMPROVE NATION'S AGING ROAD AND BRIDGE NETWORK, MODERNIZE FEDERAL TRANSPORTATION PROGRAM

BIPARTISAN SENATE MEASURE WILL HELP IMPROVE NATION'S AGING ROAD AND BRIDGE NETWORK, MODERNIZE FEDERAL TRANSPORTATION PROGRAM

Construction Official Urges Senate and House Officials to Build on the Work of Senators Barrasso and Carper by Passing a Bipartisan, Bi-cameral Highway and Transit Bill as Soon as Possible

 

Dodge finds mixed picture on starts; multifamily construction flashes warning signs

The value of "new construction starts in June advanced 9% from May at a seasonally adjusted annual rate, Dodge Data & Analytics reported on Wednesday.

42 states add construction jobs in June; 'consensus' sees spending growth through 2020

Seasonally adjusted construction employment increased from June 2018 to June 2019 in 42 states, declined in eight states and remained unchanged in the District of Columbia, an AGC analysis of Bureau of Labor Statistics

BSU CM / COBE Online MBA / CM Emphasis Program Has Launched

We are excited to announce that the BSU CM / COBE Online MBA / CM Emphasis program has launched and accepting applications.

The program is intended for those currently working in the construction industry and/or those working directly with the construction industry (Architects, Engineers, Accounting, Law, Insurance) to gain a better understanding of construction industry practices while gaining knowledge of advanced business management practices.

'Bid price' PPI rises, input costs fall in June; employment picks up; job openings set record

Contractors' bid prices increased 0.2% from May to June, while materials and services input costs declined 0.6% for the month, based on the latest producer price indexes (PPIs) that the Bureau of Labor Statistics (BLS) posted on Friday. Compared to June 2018, the PPI for new nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—rose 5.4%.

IBR Top Projects Submission Deadline is July 11th!

Are you one of the top architects, builders or general contractors in Idaho? The Idaho Business Review wants to hear all about it. The newspaper is currently accepting submissions for its prestigious 2019 Top Projects award, and the July 11 deadline is fast approaching. Projects over $1 million that were finished in 2018 are eligible.

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