WASHINGTON (September 4, 2020)—Construction industry employment expanded by 16,000 jobs on net in August, according to an Associated Builders and Contractors analysis of data released by the United States Bureau of Labor Statistics. Over the last 4 months, the industry added 658,000 jobs, recovering approximately 61% of the jobs lost during March and April.
NEW JERSEY (September 8, 2020)—The Dodge Momentum Index increased 1.8% in August to 126.5 from the revised July reading of 124.2.
NATIONAL (September 2, 2020)—Sixty percent of firms report future projects have been canceled or delayed, but 52% of firms struggle to find craft workers amid worker fears of COVID-19 and unemployment supplement.
WASHINGTON—United States Secretary of Labor Eugene Scalia recently announced the award of nearly $20 million in funding to four states as part of a new pilot program to address the health and economic impacts of widespread substance and opioid misuse, addiction and overdose by providing retraining and other services to workers in communities significantly impacted by the opioid crisis.
WASHINGTON—The Trump Administration announced a total of $400 million in federal funding will be allocated by the United States Department of Transportation's Federal Transit Administration (FTA) to four transit infrastructure projects in Arizona, Indiana, Missouri and New Jersey.
This week, the World Trade Organization ruled in favor of Canada in the latest round of a dispute that has been going on for nearly 40 years over tariffs imposed on softwood lumber exports coming into the United States.
WASHINGTON (August 19, 2020)—Architectural billings failed to show any progress during July, and business conditions continued to be soft at firms, according to a new report from the American Institute of Architects (AIA).
NEW JERSEY (August 17, 2020)—Total construction starts fell 7% in July to a seasonally adjusted annual rate of $631.6 billion, according to Dodge Data & Analytics. The decline was due to a significant pullback in the nonbuilding segment, which fell 31% from June to July. Nonresidential building starts rose 3% while residential building starts increased 2%.
NATIONAL (August 12, 2020)—United Kingdom-based general contractor Balfour Beatty reported its half-year 2020 results this week. The firm reported a 26 million pound ($34 million) loss in Q1 and Q2 of 2020, mostly attributed to the impact of the ongoing coronavirus pandemic.
WASHINGTON—The United States Department of Labor’s Occupational Safety and Health Administration (OSHA) announced that the seventh annual National Stand-Down to Prevent Falls in Construction has been rescheduled for September 14-18, 2020.
PLANO, Texas (July 23, 2020)—Hilti North America announced a new innovation that is more connected to its customers than any tool of its time, the EXO-O1 wearable exoskeleton. Hilti’s new human augmentation device will help commercial contractors, tradesman and management alike tackle health and safety as well as labor shortage challenges.
DALLAS (August 3, 2020)—Jacobs Engineering Group Inc. recently announced its financial results for the fiscal third quarter ended June 26, 2020.
LOS ANGELES (August 4, 2020)—AECOM recently reported third quarter fiscal year 2020 results.
LOS ANGELES (July 29, 2020)—Tutor Perini Corporation reported results for the 3 months ended June 30, 2020. Revenue was $1.3 billion, up 13% compared to $1.1 billion for the second quarter of last year.
NATIONAL—Construction employment decreased in 225 (62%) out of 358 metro areas between June 2019 and last month despite widespread increases from May to June, according to an analysis of new government data that the Associated General Contractors of America.
Birmingham, Ala. (July 29, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
The live, online event, “The Power of Platform Technology” will take place July 29, 2020, at 2 p.m. EDT, and will share how you can help your business adapt to change using open, integrated systems.