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Associated Builders and Contractors reported that its Construction Backlog Indicator fell slightly to 8.8 months in November, a 1.5% decline from October’s reading.“Nonresidential...
Reshaping the Construction Industry
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While preparing for the year ahead, it’s helpful to know about some of the special events and recurring weekly or monthly campaigns that the industry participates in. Here are some of the important happenings to know about when planning your 2020.
January 21, 2020
For 2019 as a whole, the PPI for new nonresidential building construction—a measure of the price that contractors say they would charge to build a fixed set of buildings—rose 3.8%, compared to 5.4% in 2018.
January 20, 2020
When we think of the city, one thing that always pops into our minds are the skyscrapers that tower above. These unique and highly functional buildings always seem to pop up...
January 16, 2020
Family-owned businesses are the heart of the construction industry. Literally. It is the most frequently encountered ownership model in the world and impacts the global economy significantly.
January 15, 2020
Part of construction is fire safety. Therefore, knowing the products that are best for preventing or stopping fires is important.
January 14, 2020
Nonfarm payroll employment in December increased by 145,000, seasonally adjusted, from November and by 2,108,000 (1.4%) for the year, BLS reported. The unemployment rate remained at November’s level of 3.5%, matching the 50-year low reached in September.
January 13, 2020
The grit to persist no matter what; the courage to overcome any challenge, and the character to maintain integrity in all situations are the hallmarks of the great people who founded the premier commercial building companies in Houston.…They were also the signatures of the remarkable young Latina, Leticia Elias. She deserves our appreciation, our admiration, and our remembrance.
January 09, 2020
On Sept. 27, the DOL issued a final rule on overtime, officially named Defining and Delimiting the Exemptions for Executive, Administrative, Professional, Outside Sales...
January 08, 2020
Construction spending totaled $1.324 trillion at a seasonally adjusted annual rate in November, up 0.6% from the upwardly revised October rate and up 4.1% year-over-year (y/y) from November 2018, the Census Bureau reported.
January 07, 2020
