WASHINGTON (Nov. 2, 2023) — The not seasonally adjusted national construction unemployment rate was 0.4% higher in September 2023 from the previous year, up from 3.4% to 3.8%. According to a state-by-state analysis of U.S. Bureau of Labor Statistics data released by Associated Builders and Contractors (ABC), 16 states had lower unemployment rates over the same period, five were unchanged and 29 states were higher.

HAMILTON, N.J. (Oct. 18, 2023) — Total construction starts fell 6% in September to a seasonally adjusted annual rate of $1.2 trillion, according to Dodge Construction Network. Nonresidential starts lost 4%, residential starts declined 6%, and nonbuilding starts fell 9%.

NEW YORK (Oct. 25, 2023) Schimenti Construction, a construction services firm, announced its transition to an employee stock ownership plan (ESOP). This step highlights the company's commitment to its customers, trade partners and employees while remaining dedicated to supporting a workplace culture of community, collaboration, service and safety.

Dubai, United Arab Emirates (Oct. 26, 2023)  Online crane rental platform Mycrane has appointed Jason Brough as President, USA to lead its growth in the U.S.
 
Based in Birmingham, Alabama, Brough will use his extensive industry expertise in revenue generation, project management and sales and marketing to drive take-up of the world’s first online crane rental service in the U.S.