Page 4 - Ken Simonson News Today

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

While contractors are more wary going into 2024, most expect strong public sector project spending even as interest rates could cause a pullback in private development.

Nonresidential construction sector posts strongest job growth for December, BLS says.

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

Contractors in New York State expect more work on infrastructure projects but worry about rising costs and declining multifamily construction.

Construction industry job openings have risen to the highest levels since December 2022, with the labor shortage affecting wages and spending in 2024.

From November 2022 to November 2023, construction employment rose in 34 states and the District of Columbia, while 28 states added construction jobs from October to November, according to a new analysis of federal employment data released by the Associated General Contractors of America.

Almost 500,000 construction job openings were left unfilled in November.

November spending on single-family residential rose 2.9% compared to October.

Rising fuel prices impact contractors and fleet managers more than any other industry besides trucking. The good news is there are steps you can take to manage your fuel costs.