News

Construction Spending Reached Seven-Year High in January
Construction spending in January reached its highest level since October 2008, according to an analysis by the Associated General Contractors of America (AGC) — $1.141 trillion at a seasonally adjusted annual rate, 1.5 percent higher than the upwardly revised December total and 10.4 percent higher than in January 2015.

2015 Construction Employment Trends Positive Nationwide
Construction employment increased in all but 6 states during 2015 — and for good measure, employment rose in 39 states and the District of Columbia during the last month of the year, according to an analysis by the Associated General Contractors of America (AGC).

November construction spending slips slightly, but remains higher than last year
Overall construction spending in November 2015 slipped by 0.4 percent from October’s level, but still showed a strong growth of 10.5 compared to November 2014, according to an analysis by the Associated General Contractors of America (AGC).

Green Building Council Sets Ambitious Goal
As their part of the United Nations’ Cop21 climate talks in Paris, the U.S. Green Building Council made a commitment to increase green building it certifies to more than 5 billion square feet (478 million square meters) over the next five years.

Construction Unemployment Rate Drops to 6.2%
Expanding demand and the prospect of new federal highway legislation have spurred construction firms to add 46,000 workers in November — the biggest monthly gain in employment for the sector since January 2014, according to an analysis by the Associated General Contractors of America.