Economy: Page 34


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    Construction, trades topped hiring on Monster in 2018

    Job seekers in construction and trade industries held the top spot overall among hires through the jobs search engine, as well as in 27 individual states.

    By Valerie Bolden-Barrett and Construction Dive Editors • Dec. 19, 2018
  • $50B of development in Washington, DC's pipeline

    Residential represents the biggest share of the construction boom, but many hotel, office and retail projects are also underway.

    By Kim Slowey • Dec. 18, 2018
  • Confidence index holding steady, despite challenges ahead

    Despite optimism, contractors are concerned about limited labor and higher material costs, found the USG and the U.S. Chamber of Commerce's fourth-quarter Commercial Construction Index.

    By Kim Slowey • Dec. 18, 2018
  • DOT awards $1.5B for 91 projects across 49 states and DC

    The Better Utilizing Investments to Leverage Development (BUILD) program weighed a record 851 submissions based on safety, state of repair, innovation and other criteria.

    By Kim Slowey • Dec. 13, 2018
  • Tariffs driving up infrastructure construction costs, analysis shows

    President Donald Trump's steel and aluminum tariffs have increased the cost of several public works projects and could limit the scope of future initiatives, Bloomberg reports.

    By Kim Slowey • Dec. 11, 2018
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    Deborah Barrington
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    ABC: Construction momentum should remain strong in 2019

    Contractors can expect continued industry upticks through next year, but factors like rising material prices and the labor shortage could present some obstacles beyond that.

    By Kim Slowey • Dec. 7, 2018
  • Houston leads construction job growth for the year ending October 2018

    Phoenix, Dallas and Orlando also topped the Associated General Contractors of America's list, which noted job increases in 78% of 358 U.S. metros.

    By Kim Slowey • Dec. 4, 2018
  • Florida tops ABC's 2018 Merit Shop Scorecard rankings

    Michigan also scored high in the Associated Builders and Contractors' criteria for determining which states encourage the highest levels of construction job growth and open competition. There were losers in the report, too.

    By Kim Slowey • Nov. 29, 2018
  • Dodge: Total October construction starts up 21% to $864B

    Nonresidential fared even better with a 53% surge driven by several large projects such as the Gordie Howe International Bridge.

    By Kim Slowey • Nov. 26, 2018
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    Deep Dive

    Two years of Trump: Where are we and what's next for construction?

    Nearing the halfway point of President Donald Trump's term, we take a look at policies that impact construction, weighing economic health against risks that could inflame industry challenges.

    By Kathleen Brown • Nov. 20, 2018
  • What you need to know about Amazon HQs in New York City, Virginia

    Navigating the legal agreements of $5 billion in investments — and requests for helipads. 

    By Samantha Schwartz • Nov. 14, 2018
  • Calm before the storm? What the construction industry can expect in 2019

    Recession may hold off another year, economists say, but contractors should still keep an eye on risks and strategize around labor to prepare for the worst.

    By Kathleen Brown • Nov. 2, 2018
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    Specialty contractors market 'hot,' says ENR

    Last year's revenue for mechanical, electrical, utility and other subcontractors was up 10%, marking the seventh consecutive year of increased earnings, which should last at least another 12 to 18 months.

    By Kim Slowey • Oct. 30, 2018
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    Kathleen Brown
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    Moody's economist: 9 months of growth ahead, then 'garden-variety' recession

    The U.S. economy could be in its longest-ever expansion, said Moody's Analytics Senior Director Cristian deRitis at a conference last week, which could create some imbalances that may then necessitate a mild downturn.

    By Kathleen Brown • Oct. 30, 2018
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    Kathleen Brown
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    Dodge: 2019 construction starts to hold steady at $808B

    Activity appears to be "rounding the peak" at its current level, helped by overall economic momentum but threatened by rising inflation, Dodge Data & Analytics Chief Economist Robert Murray said at a conference yesterday.

    By Kathleen Brown • Oct. 26, 2018
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    Deborah Barrington
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    Dodge: Value of September construction starts falls 5%

    Despite major fluctuations like the 38% drop in office construction and 36% surge in manufacturing, chief economist Robert A. Murray said starts are settling back to last year's levels.

    By Kim Slowey • Oct. 19, 2018
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    How the midterm elections will impact the construction industry

    The course of infrastructure funding, immigration policy, the U.S.-Mexico border wall and local mega-projects could be decided by which Congressional and gubernatorial​ candidates win in November.

    By Kim Slowey • Oct. 18, 2018
  • Fluor stock falls 17% on disappointing Q3 revenue estimates

    The firm said that multimillion-dollar charges on two troubled projects put a dent in its projected third-quarter revenue, which falls short of analysts' forecasts.

    By Kim Slowey • Oct. 12, 2018
  • Covestro announces EU1.5B investment in Houston-area plant

    The German polymer supplier chose to expand its Baytown, Texas, site — which already employs 1,000 — due to the area's low costs and existing infrastructure.

    By Kim Slowey • Oct. 12, 2018
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    Deborah Barrington
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    Report: International construction market output to hit $13 trillion by 2022

    Potential global headwinds include fallout from the U.S.-China trade war and increased borrowing costs, although interest rates are still near all-time lows in many parts of the world.

    By Kim Slowey • Oct. 11, 2018
  • AGC: Hourly construction wages exceed $30 for first time ever

    Wages are 10.7% higher than the average for private nonfarm earners, but still might not be enough to lure workers and adequately staff projects, experts say.

    By Kim Slowey • Oct. 10, 2018
  • What you need to know about HR and recruiting in construction

    Construction Dive takes an in-depth look at the industry's labor shortage and best practices for recruiting and retaining talent.

    By Construction Dive Editors • Sept. 26, 2018
  • Deep Dive

    How to protect and retain immigrant workers

    Awaiting President Donald Trump's next policy move, construction executives underscore the economic contributions of foreign-born workers, who make up 25% of the workforce, while unions and others call for better safeguards against wage theft and jobsite injury.

    By Kathleen Brown • Sept. 24, 2018
  • What you need to know about talent management

    The most underestimated tool in the HR toolbox may be your front-line managers — and forward thinking HR pros are making manager development a key part of their business strategy.

    By Kathryn Moody • Sept. 24, 2018
  • How states are tackling the labor shortage

    From Oregon to Virginia, coalitions, programs and more are targeting students and educators with a message that the trades are viable career pathways.

    By Sept. 24, 2018