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May Construction Starts Advance 10 Percent

May Construction Starts Advance 10 Percent

From Dodge Data & Analytics. At a seasonally adjusted annual rate of $757.0 billion, new construction starts in May climbed 10% from April, according to Dodge Data & Analytics. The increase continues the double-digit swings that were reported during the previous two months, when a 16% hike for total construction starts in March was followed by a 15% decline in April.

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NDA member GFL Infrastructure adds High Reach Demolition Excavator to its fleet

NDA member GFL Infrastructure adds High Reach Demolition Excavator to its fleet

From equipmentjournal.com. Dozens of people had an opportunity to operate the R 950 and four other Liebherr machines at the National Demolition Association’s Live DEMOlition event at Demolition Rockies 2019 in Aurora, Colorado.

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Construction input prices see slight increase in May

Construction input prices see slight increase in May

From azbigmedia.com. Construction input prices rose slightly by 0.3% in May on a monthly basis and are up 0.6% over the last 12 months, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics data released today. Nonresidential input prices were also up 0.3% compared to the previous month and are 1.1% higher than they were a year ago.

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Aging Construction Workforce

Aging Construction Workforce

From eyeonhousing.org. NAHB analysis of the most recent 2017 American Community Survey (ACS) data reveals that the median age of construction workers is 42, a year older than a typical worker in the national labor force. Aging construction workers and the ongoing labor shortage are two major headwinds for home builders and the overall construction industry.

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New bill allocates billions to infrastructure spending

New bill allocates billions to infrastructure spending

From Construction and Demolition Recycling. President Donald Trump signed a package containing $19.1 billion in disaster relief funding June 6, signaling the first bipartisan commitment toward repairing the country’s aging and damaged infrastructure.

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Construction Adds Modest 4,000 Jobs in May

Construction Adds Modest 4,000 Jobs in May

From forconstructionpros.com. The construction industry added 4,000 net new jobs in May, according to an Associated Builders and Contractors (ABC) analysis of U.S. Bureau of Labor Statistics data. On a year-over-year basis, construction employment has expanded by 215,000 jobs, an increase of 3%.

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April Construction Starts Retreat 15 Percent

April Construction Starts Retreat 15 Percent

From Dodge Data and Analytics. The value of new construction starts in April fell 15% to a seasonally adjusted annual rate of $685.2 billion, pulling back following the 16% hike that was reported in March, according to Dodge Data & Analytics. Steep declines were registered by two of the three main construction sectors. Nonbuilding construction, which is comprised of public works and electric utilities/gas plants, plunged 31% from its elevated March amount which was lifted by the start of the $4.3 billion Calcasieu Pass liquefied natural gas (LNG) export terminal in Cameron LA. 

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LIFT America Act Includes Proposed PFAS and Brownfields Remediation Grants

LIFT America Act Includes Proposed PFAS and Brownfields Remediation Grants

From jdsupra.com. The Leading Infrastructure For Tomorrow's America Act (LIFT America Act or the Act), H.R. 2741 - 116th Congress, was introduced by Rep. Frank Pallone Jr. (D-N.J.) on May 15, 2019. The House Committee on Energy and Commerce is scheduled to hold a hearing on the LIFT America Act on May 22, 2019, at 10 a.m. The LIFT America Act seeks to provide funding to rehablilitate drinking water infrastructure containing per-or polyfluoroalkyl substances (PFAS) and redevelop brownfields.

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ABC: Construction Backlog Expands to 9.5 Months

ABC: Construction Backlog Expands to 9.5 Months

From forconstructionpros.com. Associate Builders and Contractors (ABC) reports that its monthly Construction Backlog Indicator expanded to 9.5 months in March 2019, up 0.7 months or 8.8% since February 2019 when CBI stood at 8.8 months.

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More than 7,000 Robots Will Work in Construction by 2025, Report Says

More than 7,000 Robots Will Work in Construction by 2025, Report Says

From roboticsbusinessreview.com. Research firm Tractica today projected a $226 million revenue market by 2025 for the construction robotics space, an area that traditionally has been labor-intensive and not focused on robotics as much as industries such as manufacturing, supply chain logistics, and health care.

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