Lucy Perry – CEG CORRESPONDENT - Mon January 06, 2020
Economists Make 2020 Construction Predictions
Construction economists are not sugarcoating their outlook on the industry in 2020. The Equipment Leasing & Finance Foundation (ELFF) forecasts slower growth in the economy next year, and predicts equipment investment will be weak....
Joe Trinacria – CEG Associate Editor - Mon December 30, 2019
Nonresidential Construction Up 41 Percent in D-FW Area
New construction projects have been booming in North Texas due largely in part to a boom in commercial building throughout the region. According to a new report released by national research firm Dodge Data & Analytics, construction in the Dallas-Fort Worth metropolitan area increased by 5 percent from November 2018 to November of this year....
Giles Lambertson – CEG Correspondent - Tue December 17, 2019
Construction Crystal Ball . . . Leading Economists Make 2020 Golden State Predictions
With 2020 nearly upon us, construction industry executives are wondering what the new year holds for them. They are attending presentations by economists, peering into crystal balls and otherwise anxiously looking into the future....
ARA - Mon November 11, 2019
Equipment and Event Rental Revenue Forecast to Outpace Economic Growth
The equipment and event rental industry in North America is expected to finish the year with total revenue up 5.35 percent to $61.56 billion, the first time combined rental revenue for Canada and the United States has surpassed $60 billion, according to the latest forecast released by the American Rental Association (ARA)....
Associated Press - Mon March 11, 2019
Athens Leaders Say Proposed Arena Could Boost Economy
ATHENS, Ga. (AP) A proposed 6,000-seat arena would be booked 300 days a year, helping local hotels and other businesses, Athens civic leaders said. The executive director of the existing events center called The Classic Center said an arena could generate more than 600 jobs and have a $33 million impact on the local economy....
Associated Press - Tue March 05, 2019
Report: Alaska Construction Spending Expected to Increase
ANCHORAGE, Alaska (AP) — A recent report shows spending on construction in Alaska is expected to increase by 10 percent this year, a sign the state's struggling economy is on the rebound. The forecast from the Institute of Social and Economic Research at the University of Alaska shows the value of "on the street" construction spending is expected to be $7.2 billion, The Anchorage Daily News reported....
AGC - Mon December 10, 2018
Construction Employment Rises by 5,000 Jobs in November, 282,000 for the Year
Construction employment increased by 5,000 jobs in November and by 282,000 jobs over the past year while the industry's average pay continued increases and unemployment decreased to a historic low, according to an analysis of new government data by the Associated General Contractors of America....
ARTBA - Thu December 06, 2018
Real Growth for Transportation Construction Market in 2019, ARTBA's Chief Economist Says
The U.S. transportation infrastructure market is expected to grow 4.2 percent in 2019, according to the annual economic forecast released Dec. 5 by the American Road & Transportation Builders Association (ARTBA)....
AGC - Mon November 12, 2018
Construction Bid Prices Accelerate in October But Contractors' Costs Rise Faster
The price of new nonresidential buildings accelerated in October as contractors attempted to recoup fast-rising costs for materials and labor, according to an analysis by the Associated General Contractors of America of new Labor Department data....
AGC - Mon October 22, 2018
Construction Employment Rises In 45 States, D.C. Between Sept '17, '18
Forty-five states and the District of Columbia added construction jobs between September 2017 and September 2018, while 29 states and D.C. added construction jobs between August and September, according to an analysis by the Associated General Contractors of America of Labor Department data released Oct....
