construction growth Archives

May Construction Climbs 5 Percent

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At a seasonally adjusted annual rate of $495.7 billion, new construction starts in May advanced 5 percent from the previous month, according to McGraw Hill Construction, a division of McGraw Hill Financial.  Much of the upward lift came from nonresidential building, which registered moderate growth for the second month in a row after its sluggish… Read More →

CONSTRUCTION EMPLOYMENT INCREASEs BETWEEN APRIL AND MAY AS SECTOR ADDS JOBS IN 32 STATES

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by in Business News | Construction

Construction employment increased in a majority of states in May, setting all-time highs in Louisiana and North Dakota, according to an analysis by the Associated General Contractors of America of Labor Department data. Association officials noted that construction demand remains very uneven and urged policy makers to expedite stalled public and private projects. “The strongest… Read More →