The Interchange

Your Idaho AGC News Source

November job openings soar; ConstructConnect finds starts rise in December but fall for year

           There were 278,000 job openings in construction at the end of November, 24% higher than the year-earlier total of 233,000, and the highest November total in the series' 18-year history, the Bureau of Labor Statistics (BLS) reported on Tuesday in its latest Job Openings and Labor Turnover Survey (JOLTS) release.

Employment increases in three-fourths of metros; federal shutdown has varied impacts

            Contractors are optimistic, on balance, regarding the volume of work available in 2019 for nonresidential and multifamily construction, based on the 1,312 responses to a survey that AGC released on Wednesday. Respondents were asked whether the available dollar volume of projects they compete for would be higher or lower than in 2018.

Boise-Based McAlvain Companies, Inc. Joining Big-D Family of Companies

BOISE, IDAHO – December 17, 2018 — McAlvain Companies, Inc. (www.mcalvain.com) announced today that it has signed a definitive agreement to be acquired by the Big-D Family of Companies, which includes Big-D Construction. Big-D Construction (www.big-d.com) is headquartered in Salt Lake City, Utah. The acquisition is expected to close later this month.

'Bid price' PPI catches up with input costs in November; job openings climb in October

The producer price index (PPI) for final demand in November, not seasonally adjusted, decreased 0.3% from October but increased 2.5% year-over-year (y/y) from November 2017, the Bureau of Labor Statistics (BLS) reported

Idaho AGC Member 1st Ever Contractor to Receive Idaho Innovation Award for Most Innovative Company in Idaho!

Stoel Rives LLP, Trailhead and the Idaho Technology Council co-sponsor awards program to recognize innovations, innovative professionals and companies throughout Idaho

84th Annual Meetings, Awards, and Gala!

We can't believe it either, but the December Gala is already just around the corner!  We sincerly hope you and your colleagues will join us for the Membership Meetings and fun-filled end-of-year celebration.

The agenda is packed with something for everyone (see schedule below).  Wednesday's meetings are open and do not require registration.  If you'd like tickets to Thursday's Gala, you may purchase them HERE.  

GDP increases 3.5% but investment in structures plunges; Beige Book cites rising costs

            Inflation-adjusted gross domestic product (real GDP) increased 3.5% at a seasonally adjusted annual rate in the third quarter (Q3) of 2018, following a 4.2% gain in Q2, the Bureau of Economic Analysis (BEA) reported today.

45 states, D.C. add construction jobs in September; starts decline again, Dodge finds

Seasonally adjusted construction employment rose in 45 states and the District of Columbia year-over-year (y/y) from September 2017 to September 2018, declined in three states and held steady in Maryland and Missouri, an AGC

September input PPIs again outpace bid prices; tariffs, storm threaten to drive costs higher

The producer price index (PPI) for final demand in September, not seasonally adjusted, increased 0.3% from August and 2.6% year-over-year (y/y) from September 2017, the Bureau of Labor Statistics (BLS) reported on Wednesday.

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