Tag Archives: industry

Construction spending drops 1.1% from May, nonresidential -0.5%

“The U.S. Census Bureau on Monday reported that U.S. construction spending was at a seasonally adjusted annual rate of almost $1.77 trillion in June, down 1.1% from May 2022 but up 8.3% from the near $1.63 trillion that the industry … Continue reading

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Construction worker pay grew at the fastest rate in 40 years as builders are desperate to keep up with the real estate boom

“The construction industry overall added 60,000 jobs in February, and wages for nonsupervisory positions saw the fastest rate of growth in 40 years, according to the US Bureau of Labor Statistics.”https://www.businessinsider.com/construction

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Construction spending has solid gain in November led by residential building

Outlays for construction projects rose 0.4% in November at a seasonally adjusted annual rate of $1.63 trillion, the Commerce Department reported Monday. Economists polled by The Wall Street Journal had expected a 0.7% increase. Spending in October was revised up to a … Continue reading

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How Skill Data Can Lead to Cost-Effective Talent Decisions

An uptick in upskilling and an enthusiastic embrace of helpful skill data can help clear the path for organizational growth.

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High demand for hands-on, skilled workers in plumbing, automotive and manufacturing industries

Employers seek to recruit more in skilled trades Construction employment increases in July

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Five strategies to help address the labor shortage

NRCA suggests five ways to deal with the current labor shortages in roofing.

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Q&A: How the pandemic is reshaping construction

Ask me about . . . working construction during the pandemic

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How roofing contractors can handle rising costs, delays

Hang on for a bumpy ride

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Commercial Contractors Upbeat Despite Continued Supply Shortages

“Supply shortages and price hikes continue to hamper the roofing industry, but. . .”Chris Gray

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Construction Worries in June Due to Rising Material Costs

ConstructConnect’s ‘Expansion Index’ Captures Construction Hesitancy The construction industry still struggles to recover to pre-pandemic levels as owners hesitate to commit to rising costs of construction. Total Construction Falls in May as Housing Stumbles Rising costs of construction materials lead … Continue reading

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