The Interchange

Your Idaho AGC News Source

Producer prices accelerate; with increases announced; January starts data are mixed

            The producer price index (PPI) for final demand in January, not seasonally adjusted, increased 0.6% from December and 2.7% year-over-year (y/y) from January 2017, the Bureau of Labor Statistics (BLS)

College of Southern Idaho Offering Construction Math & Drawing Concepts Training

This course reviews math skills and basics to construction drawing related to the construction environment and demonstrates how they apply to the trades. This course will cover alphabet of lines, architectural drawing using residential drawings, use of architectural/engineering scale and tape measure, along with many other amazing topics. Each topic will be followed by a hands on exercise in the classroom.
 
When:  March 5th—14th 6:00 p.m.—9:00 p.m.
Where:  College of Southern Idaho

Employment rose in 3 out of 4 metros in 2017; highway construction prices turn higher

Construction employment, not seasonally adjusted, rose from December 2016 to December 2017 in 269 (75%) of the 358 metro areas (including divisions of larger metros) for which the Bureau of Labor Statistics (BLS) provides construction employment data, fell in 52 (12%) and was unchanged in 46, according to an AGC

Employment rises in January but pay increases remain modest; 2017 spending sets record

Nonfarm payroll employment in January increased by 200,000, seasonally adjusted, from December and by 2,114,000 (1.5%) year-over-year (y/y) in all of 2017, the Bureau of Labor Statistics (BLS)

Tax law changes affect contractors diversely; employment rose in 42 states in 2017

The Tax Cuts and Jobs Act will have diverse impacts on contractors' after-tax income and on demand for construction. In general, contractors taxed as C corporations will benefit immediately from a reduction in the top corporate tax rate from 35% to 21%. The impact on pass-through entities (S corporations, partnerships and sole proprietorships) will depend on the full set of tax changes for their owners/partners.

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)

SIGN-UP
SIGN-UP

Sign up for News Updates

Fill in your name and email to sign up for news updates.