construction Archives

Construction job growth rebounds in 2017

108696481
by in AZRE Magazine | Construction

National construction employment started 2017 on a high note, adding 36,000 net new jobs on a seasonally adjusted basis in January, according to analysis of U.S. Bureau of Labor Statistics data released today by the Associated Builders and Contractors (ABC). The 0.5 percent increase represents the best month for construction employment growth since March of… Read More →

ABC says construction lost jobs in December

construction
by in AZRE Magazine | Construction

National construction employment declined by 3,000 net jobs on a seasonally adjusted basis in December, according to analysis of  U.S. Bureau of Labor Statistics data released Friday by the Associated Builders and Contractors (ABC). The industry added 102,000 net new jobs on a year-over-year basis, the smallest increase in more than four years. Of the… Read More →

Construction unemployment rates improve in 38 states

Bernards & Construction
by in AZRE Magazine | Construction

November not seasonally adjusted (NSA) construction unemployment rates were down in 38 states and the nation on a year-over-year basis, according to analysis released Wednesday by Associated Builders and Contractors (ABC). The rates for two states, Kansas and Texas, were unchanged from November 2015. The national NSA construction unemployment rate of 5.7 percent was down… Read More →

ABC predicts modest growth for nonresidential construction

Bernards & Construction
by in AZRE Magazine | Construction

Associated Builders and Contractors (ABC) forecasts a slowdown of growth in the U.S. commercial and industrial construction industries in 2017, according to the association’s forecast for next year. While contractors are vulnerable to rising commodity prices and potential interest rate increases in 2017, the middling consumer-led recovery should still lead to modest growth in construction spending… Read More →

Construction job growth accelerates in November

Construction Materials
by in AZRE Magazine | Construction

The U.S. construction industry added 19,000 net new jobs in November and has now added jobs for three consecutive months, according to analysis of U.S. Bureau of Labor Statistics data released Friday by Associated Builders and Contractors (ABC). Industry employment is up by 2.4 percent on a year-over-year basis, considerably faster than the overall economy’s 1.6… Read More →

Construction unemployment rates improve in 33 states

Copper State Rubber
by in AZRE Magazine | Construction

October not seasonally adjusted (NSA) construction unemployment rates were down in 33 states and the nation on a year-over-year basis, according to analysis released Tuesday by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 5.7 percent was down 0.5 percent from a year ago, according to data from the Bureau of Labor Statistics (BLS). Arizona… Read More →

ASU breaks ground on $120M Biodesign C Research Building

(Rendering courtesy of McCarthy Buildings Companies)

McCarthy Building Companies recently broke ground on the new $120 million Biodesign C Research Building, the third building in ASU’s Biodesign Institute complex at Arizona State University. The new research facility will include five stories plus a basement and will be located on ASU’s main campus in Tempe, Ariz., adjacent to the ASU Biodesign B building.… Read More →

Construction employment rebounds with strong September

construction
by in AZRE Magazine | Construction

The construction industry rebounded in a meaningful way in September by gaining 23,000 net new jobs on a monthly basis after losing 5,000 net jobs in August, according to an analysis of U.S. Bureau of Labor Statistics data released today by Associated Builders and Contractors (ABC). Despite the broader industry gains, the nonresidential sector added just 2,700… Read More →

Nonresidential construction spending slips in August

PHOTO BY: Risk Management | Monitor
by in AZRE Magazine | Construction

Nonresidential construction spending fell for a second consecutive month in August, according to analysis of U.S. Census Bureau released today by Associated Builders and Contractors (ABC). Nonresidential spending totaled $686.6 billion on a seasonally adjusted, annualized basis for the month, 1.1 percent lower than July’s total of $694.1 billion (revised down from $701 billion) and… Read More →

Construction unemployment rates improve in 48 states

108696481
by in AZRE Magazine | Construction

August not seasonally adjusted (NSA) construction unemployment rates improved in 48 states and the nation on a year-over-year basis, according to analysis released today by Associated Builders and Contractors (ABC). The national NSA construction unemployment rate of 5.1 percent was 1 percent lower than a year ago, according to data from the Bureau of Labor Statistics (BLS), producing… Read More →

Construction backlog for contractors reaches a new peak

PHOTO BY: Risk Management | Monitor
by in AZRE Magazine | Construction

Construction backlog for large contractors reached a new peak of 14.06 months during the second quarter of 2016 according to the Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) released Tuesday. The new high for companies with annual revenue above $100 million shattered the previous high of 12.25 months for any revenue segment, which… Read More →

Construction input prices decrease in August

construction
by in AZRE Magazine | Construction

Both nonresidential construction input prices and overall input prices fell in August as energy prices retrenched, according to an analysis of the Bureau of Labor Statistics Producer Price Index released today by Associated Builders and Contractors (ABC). Nonresidential construction input prices were down 0.2 percent on a month-over-month basis and 1.7 percent on a year-over-year… Read More →

Q&A: ABA’s Mark Minter wants more construction training

Mark Minter
by in AZRE Magazine | Construction

The last few years have been turbulent for the construction industry in Arizona. But helping to calm the seas has been Arizona Builders Alliance, which represents more than 270 member companies, including contractors and professional service firms, serving the needs of the commercial and industrial construction industry. And leading ABA through the industry’s roller-coaster ride… Read More →

McCarthy Building Companies promotes Abe Babcock

Abe Babcock
by in AZRE Magazine | Construction | Newsmakers

McCarthy Southwest, a division of McCarthy Building Companies Inc., recently promoted Abe Babcock to the role of project director. In this position, Babcock will focus on developing and leading the various internal and external teams on a solar construction project to ensure a successful, integrated approach throughout all phases of the project. Babcock previously served as… Read More →