WASHINGTON, D.C., June 1—Nonresidential construction spending fell 1.7 percent in April 2017, totaling $696.3 billion on a seasonally adjusted, annualized basis, according to analysis of U.S. Census Bureau data released today by Associated Builders and Contractors (ABC).
According to the data released on Friday, June 2, 2017 by the US Bureau of Labor Statistics, the construction industry added 11,000 net new jobs (seasonally adjusted). This is the highest construction employment level since since October 2008, but two major industry associations issued statements expressing concern.
When construction companies experience growth, there is a need to streamline business processes, boost efficiency, and make the most of their administrative time. Though the construction industry has significantly ramped up its adoption of new technologies in recent years, there are still some growing pains and learning curves when it comes to pulling the trigger on software.
In the latest of a series of executive orders signed since his inauguration, President Donald Trump has again chosen that method as a way to affect policy in the U.S. Unlike some other executive orders that aim to streamline project schedules and cut red tape, however, the "Buy American and Hire American" measure could put more restrictions on the construction industry.
WASHINGTON - U.S. construction spending unexpectedly fell in March from a record high amid a pause in private construction investment after five straight months of increases.
A Turner Construction Company executive testified before a U.S. Senate subcommittee along with other executives in the construction and manufacturing industries on Wednesday, giving lawmakers a full picture of the staffing and skills challenges that the industry faces.
Construction employment increased by 6,000 jobs in March as a February hiring surge prompted by mild winter weather in much of the country prompted firms to hire fewer people last month, according to an analysis of new government data by the Associated General Contractors of America. Association officials said declining public-sector investments in construction and infrastructure could impact future construction hiring unless the administration and Congress enact a new funding measure.
WASHINGTON--Total spending on construction in the U.S. rose a seasonally adjusted 0.8% in February from January to reach the highest level since April 2006, the Commerce Department said Monday.
Construction Technology Survey in partnership with the Mechanical Contractors Association of America (MCAA), the Construction Financial Management Association (CFMA), and Texas A&M University’s Department of Construction Science. Over 2,600 industry professionals responded to the survey between June 20, 2016 and August 1, 2016. The final report reveals the comprehensive results from the 2016 survey with commentary and analysis from the perspective of a construction technology consulting and solutions provider.
"Jim is doing amazing work. He is highly responsive and quick to turn around a quality product. He has saved us countless hours already in the things he has automated."
T. E - Construction Management Firm
"Michael and Matthew have exceeded my needs and expectations. I get help same day 95% of the time, which is very important in my business at times. They are professional and courteous 100% of the time. Zero complaints."
Mitchell Brothers
"Beth is absolutely wonderful to work with! I appreciate her patience and professionalism. It’s a relief to know I can count on her to respond and be a life line for us as we continue to learn the system. She is truly top notch."
Eastbound Mechanical
"Greg is terrific, and I’m so excited to have a better resource! I have him working on several projects now with many more to come."
Progressive Plumbing
"It’s a pleasure working with Robert. He's very patient, knowledgeable and goes far beyond to help with any issues we have as a company or as an individual."
HL Contractors
"The level of service CDP provides is exceptional and always far exceeded my expectations. You can quote me on that!"
The Wesson Group LLC
"I wanted to let you know Dan did a great job. He has a vast amount of knowledge, and I feel very fortunate to be working with him."
H.F. (Mechanical Contractor)
"Jim is doing great. He has already saved Kelli an average of 9 hours per month. I know he working on, and getting really close, to saving Trey at least 20 hours per month."
R.F. - Construction Management Firm
"I just wanted to commend Robert’s continued support since our go-live. Whether it be implementation or ad hoc questions, he has gone above and beyond."
Daniel C. - FMT Shipyard and Repair
"Thank you for your assistance/responsiveness to assist us in getting P6 back online so quickly today. We appreciate all the support you provide."
M.J. (Manufacturing Firm)
"I want to let you know how grateful we are for Robert Pacheco’s assistance. He was able to meet with me and discuss the issue promptly and complete the fix within a short amount of time. He is surely an asset, and we are thankful to have such a great resource."
Marques General Engineering, Inc.
"He did a great job online and an equally great job in person. We’re enjoying working with our new Spectrum Viewpoint accounting software."
Chambliss & Rabil Contractors, Inc.
"Kristen is a very valuable resource for us!"
LCI-Lineberger Construction Inc.
"The best part was watching folks react to the info Greg shared. We had great feedback, big smiles all around, and folks excited about newfound streamlined ways to make their work easier. We know Greg's schedule is in demand, and appreciate the time he shared with us."
S.D. (Industrial Construction)
"We appreciate Tim and all of his excellent support."