construction
Construction jobs increase in 40 states in past year
Construction firms added jobs in 40 states and the District of Columbia (D.C.) between May 2014 and May 2015, reports the Associated General Contractors of America (AGCA). In addition, construction firms added jobs in 28 states and D.C. between April… Keep Reading
Dodge Momentum Index holds steady in May
The Dodge Momentum Index remained unchanged in May at 122.3, reports Dodge Data & Analytics. The Momentum Index is a monthly measure of the first report for nonresidential building projects in planning. In May, institutional building rose 3.1 percent while… Keep Reading
Economics Pulse: Construction materials update
The first quarter of 2015 brought four areas of interest to the construction materials sector: year-end earnings reports; the first initial public offering in the sector in more than a decade; continued anticipation of the industry’s merger of its two… Keep Reading
Aggregates volume, pricing growth drive Martin Marietta’s first quarter
Martin Marietta Materials Inc. experienced improved margins and increased profitability during the first quarter of 2015. In fact, Martin Marietta reports it achieved a first-quarter profit for the first time in seven years. Ward Nye, Martin Marietta's chairman, president and… Keep Reading
FMI predicts 8 percent construction growth in 2015
FMI predicts total construction put in place (CPIP) will grow 8 percent in 2015. According to FMI, this prediction supports the company’s earlier forecast that CPIP will top $1 trillion in 2015. The sectors expected to experience the highest growth… Keep Reading
Dodge Momentum Index rises in February
The Dodge Momentum Index increased 4.3 percent to 126.3 in February from 121.1 in January, according to Dodge Data & Analytics. The index has exhibited somewhat of an alternating pattern of late, up in December, down in January and up… Keep Reading
Cat headquarters to remain in Peoria, new design revealed
After completing a multiyear study focused on modernizing its headquarters, Caterpillar Inc. reaffirmed that its headquarters will remain in Peoria, Ill. The company also revealed a new design that will eventually span 31 acres on the city’s riverfront, which will… Keep Reading
January construction rises 9 percent
According to Dodge Data & Analytics, the value of new construction starts climbed 9 percent in January to a seasonally adjusted annual rate of $621 billion with a Dodge Index of 131. The increase in January construction was due in… Keep Reading
FMI warns shortage in trade workers may slow construction
After surveying members of the Construction Personnel Executive Group, FMI reported a craft labor shortage might slow construction. The survey determined that 24 percent of the survey respondents will be unable to bid more work and 32 percent will experience… Keep Reading
