Page 39 - Ken Simonson News Today

USA-ECONOMY/BIDEN (PIX, GRAPHICS):Job fears, price spikes mean heartburn for Biden White House as economy revs up

Published May 11, 2021 Karen Ducey via Getty Images This story is part of a series of articles looking at the COVID-19 pandemics effect on the construction industry and how an expected rebound in construction work later this year could be slowed by a variety of forces. Click here for other articles in the series and check back for more throughout the year. Dive Brief: The future of construction in 2022 looks bright, especially in the ins...

The Construction Monthly Metals Index (MMI) jumped by 12.1% for this month’s reading, as construction spending picked up in March. The MetalMiner Best Practice Library offers a wealth of knowledge and tips to help buyers stay on top of metals markets and buying strategies. US construction spending rises US construction spending in March reached a seasonally adjusted annual rate of $1,513.1 billion, the Census Bureau reported. The March rate marked a 0.2% increase from February and a 5.2% inc...

Seattle area leads nation in construction comeback Ongoing construction at KeyArena. (Michael Simeona, KIRO Radio) The Seattle metropolitan area is leading the nation in the construction comeback. According to new data from the Associated General Contractors of America (AGCA), total construction job employment is up 5% in the past year combined across Seattle, Bellevue, and Everett, the most of any region in the country. The Seattle metro area added roughly 5,300 total construction jobs over th...

Const. Employment Down in 57% of Metro Areas SHARE April 29, 2021 Construction employment decreased from March 2020 to March 2021 in 203, or 57 percent, of the nation’s metro areas, according to AGC. Association officials said that the industry’s broader recovery in many parts of the country is being hampered by rising materials prices, supply chain disruptions, and project cancellations. “Nearly twice as many metros have lo...

Construction industry news, trends and jobs for building professionals who want mobile-friendly content.

Dive Brief: Construction vendors and subcontractors are relying on technology and offsite fabrication to help work around material shortages and other challenges brought on by the COVID-19 pandemic, according to a new market outlook from Consigli. The Boston-based firm found that the pandemic has motivated subcontractors and vendors to implement technological advancements into their shop and field processes. "Cost saving material management software, tool upgrades and robotics are improving eff...

Wed April 21, 2021 - National Edition #9 Lucy Perry – CEG CORRESPONDENT A survey of civil contractors found that many are concerned with the rising costs of construction materials, chiefly lumber, steel, concrete and piping. The good news: Construction project bottlenecks are loosening, work is ramping up and the industry can start to breathe a general sigh of relief. The bad news: The cost of construction materials is going through the roof. A spring survey of civil contractors found th...

Oklahoman Nobody holds a parade during bad weather, but the Parade of Homes Spring Festival will go on despite a "perfect storm" in the housing market. Just 50 homes are in the parade, April 23-25 and April 30-May 2 — less than half as many as usual, with entries scattered from Edmond to Norman and from Yukon to Choctaw. Coronavirus precautions will be observed. "Builders can’t keep inventory long enough to show during the parade," said Elisa McAlister, executive vice president of Central O...

The Associated General Contractors of America (AGC) has posted a Construction Inflation Alert to update contractors and clients on construction materials developments. The association said an “unprecedented” increase in the price of goods used in construction and disruptions in supply chains causing harm to