Road to Prosperity
AGC: Construction employment up in August
Illinois, Arizona and Georgia were among the states that added the most jobs in the month, while Minnesota, California and Missouri lost the most in August. Keep Reading
Inflation’s impact on construction sectors
Nonresidential, residential and nonbuilding construction are all seeing different responses to stubborn inflation and rising interest rates. Keep Reading
AGC: Nonresidential construction materials prices fall in August
The Associated General Contractors of America (AGC) says nonresidential construction materials prices fell 1.1 percent from July to August. Keep Reading
Skills shortages hindering construction workforce
While workforces in industries like hotels and restaurants are facing worker shortages as a whole, the construction industry's workforce is lacking skilled labor specifically, according to Anirban Basu. Keep Reading
ABC: Construction backlog steady, confidence up in August
The Associated Builders & Contractors’ (ABC) Construction Backlog Indicator saw no change in August, while the Construction Confidence Index grew. Keep Reading
Pennsylvania aggregate producer acquired
Union Quarries, based in Carlisle, Pennsylvania, was acquired by nearby York Building Products. Keep Reading
Dodge Momentum Index falls in August
The Dodge Construction Network index fell 1.2 percent in August, with the commercial component rising 1 percent and the institutional component falling 5.6 percent. Keep Reading
Acquisition expands Mississippi Lime overseas
Mississippi Lime Co. acquired an independent lime products supplier based in the United Kingdom. Keep Reading
Economic risks potentially present in 2023
After a year of growth in 2022, Anirban Basu with the Associated Builders & Contractors says 2023 poses a number of threats to that growth. Keep Reading