Construction spending declined for the third month in a row in May as a sharp slowdown in private projects more than offset a rise in public work, according to an analysis by the Associated General Contractors of America of government data released.
Last week, Deloitte released a midyear update of its 2020 Engineering & Construction Outlook, noting three distinctive trends the adjacent industries are seeing that will likely influence how work is done for years to come.
WASHINGTON—Associated Builders and Contractors announced it is partnering with the United States Chamber of Commerce on a national initiative to address inequality of opportunity.
NATIONAL—President Trump and his administration are working on an infrastructure proposal worth almost $1 trillion aimed at giving the volatile United States economy a much-needed boost.
New home construction in the United States showed a positive return in May—good news after several months of decreasing numbers due in part to the coronavirus pandemic.
New York City launched phase one of its reopening plan this week, including the restart of all construction projects deemed nonessential. City officials estimate this applies to approximately 23,000 construction sites.
Last week, President Trump signed into law a new bill that effectively relaxes Paycheck Protection Program loan requirements for many small businesses—the Paycheck Protection Forgiveness Act.
WASHINGTON—The construction industry added 464,000 net new jobs in May, according to an Associated Builders and Contractors analysis of data released by the U.S. Bureau of Labor Statistics.
Construction spending dropped 2.9% in April, according to data released this week by the United States Commerce Department. The department cited the ongoing coronavirus pandemic and project shutdowns across the country as the d
WASHINGTON—As the nation faces the coronavirus pandemic, the United States Department of Labor’s Occupational Safety and Health Administration (OSHA) is dedicated to keeping the American workforce safe and healthy.
WASHINGTON—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) has issued an alert listing steps employers can follow to implement social distancing in the workplace and to help protect workers from exposure to the coronavirus