residential construction Archives

Construction Spending Reaches Highest Level Since December 2009

Construction spending in June rose to a 2-1/2 year high as double-digit percentage increases in private residential and nonresidential construction more than offset an ongoing downturn in public construction, according to an analysis of new federal data released today by the Associated General Contractors of America. Association officials said they expect the disparity between private… Read More →

Construction Industry Loses 7,000 Jobs In March

construction industry

The construction industry lost 7,000 jobs in March, inching the unemployment rate up to 17.2 percent from 17.1 percent in February, according to the April 6 Department of Labor employment report. Year over year, construction industry unemployment is down compared to the March 2011 rate of 20 percent. The construction industry added 55,000 jobs over the… Read More →

Nonresidential Construction Spending Dips In September 2010

Nonresidential Construction Spending Dips In September
by in Economy | Real Estate

While total construction spending edged up in September, private nonresidential construction slipped 1.6 percent, according to a report by the U.S. Census Bureau. On a year-over-year basis, private nonresidential construction spending is down 24.6 percent. Meanwhile, total nonresidential construction spending – which includes both privately and publicly financed projects – was flat for the month… Read More →

National Construction Employment Near 14-Year Low

Construction at an All Time Low
by in Economy | Finance | Real Estate | Workforce

The number of people working in construction is approaching a 14-year low now that the industry lost 21,000 jobs in September, while construction unemployment is at a September high of 17.2 percent, according to an analysis of federal employment figures released today by the Associated General Contractors of America. The construction industry continues to suffer… Read More →

Promoting Smart Growth In A Down Economy

Promoting Smart Growth in Down Economy
by in Blogs | Economy | Green

Please welcome Diane Brossart, president of Valley Forward Association, and guest blogger to the AZ Green Scene. This is the first blog of our exclusive monthly blog partnership series, where Diane will share her experience and insight regarding the state’s sustainable industry. Freezing impact fees to stimulate economic development runs counter to the principles of… Read More →