Page 40 - Ken Simonson News Today

Courtesy of Suez Canal Authority 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. The road to recovery may be longer than you think. As the second quarter of 2021 kicks off, contractor confiden...

Blame it on COVID: D-FW still missing construction jobs Building industry employment in most Texas markets still lags year-ago levels. North Texas has lost almost 11,000 construction industry jobs during the pandemic.(Lynda M. Gonzalez / Staff Photographer) Dallas-Fort Worth construction employment is still down by almost 11,000 jobs from before the COVID-19 pandemic hit. Dallas-area building sector employment in February was down 5,900 jobs, and there were 4,800 fewer construction jobs in the ...

The Construction Monthly Metals Index (MMI) ticked up 1.0% for this month’s reading, as US construction spending dipped in February. 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 Construction spending in February reached a seasonally adjusted annual rate of $1,516.9 billion, or 0.8% below the revised January estimate of $1,529.0 billion, the Census Bureau reported. Meanw...

Bidens Infrastructure Package Is Designed to Boost Unions 04/03/2021 | 09:09am EDT Send by mail : Message : By Kate Davidson and Amara Omeokwe WASHINGTON -- President Bidens $2.3 trillion plan to invest in infrastructure, clean energy and caregiving over the coming decade would be a boon for construction workers, truck drivers, electricians and home health aides. Both critics and supporters of the initiative say it will also benefit another group: labor unions. Some business g...

SHARE March 17, 2021 Nonresidential contractors are not adding jobs, which helped fuel lagging construction employment figures in January, according to an analysis by the Associated General Contractors. Construction employment remained below pre-pandemic levels in all but eight states, according to AGC. More firms have reduced headcount than have added to it in the past year. “Despite improvement in many sectors of the economy, nonresidential contractors are c...

One year after the pandemic struck, construction firms are experiencing soaring materials costs, widespread supply-chain problems, and continuing project deferrals and cancellations, according to a new survey that the Associated General Contractors of America.

The COVID-19 pandemic stopped construction in its tracks a year ago and is still slowing down projects and making them more expensive.

Texas is still struggling to regain the construction jobs it lost during the COVID-19 pandemic. In January, 3,000 building sector jobs were added in the...

According to the AGC construction employment declined by 61,000 from January to February

Mar 08, 2021 The overall U.S. economy is operating at 22 percent below pre-pandemic levels but should rebound by the first half of the year, says Richard Branch, chief economist for For the construction industry, however, the rebound picture is not as bright, Branch said March 5 during Dodge’s first-quarter outlook. “Construction is certainly one of those industries that will take time for the recovery to really dig in and take hold and gain traction,” he said. Total construction st...