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.
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, 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.
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
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.
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.
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
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.