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On March 16, the Equipment Leasing & Finance Foundation released the March Monthly Confidence Index for the $1 trillion equipment finance industry. March’s index is 50.3, a decrease from the February index of 51.8.
The U.S Department of Labor’s Wage and Hour Division announced it will be asking the building construction industries to participate in Davis-Bacon Act wage surveys in FY 2023 to help the agency establish prevailing wage rates, as required under the Davis-Bacon and Related Acts.
The Center for the Polyurethanes Industry announced on Oct. 5 that The 2021 End-Use Market Survey on the Polyurethanes Industry in the United States, Canada and Mexico is now available for purchase from the ACC store. The study is the result of a three-year survey on the polyurethanes industry in the United States, Canada and Mexico.
Eighty-Nine Percent of Contractors Are Having a Hard Time Finding Craft Workers, While 88 Percent of Firms Are Experiencing Project Delays and 93 Percent Are Affected by Rising Materials Prices
AGC and Autodesk's survey results underscore how the coronavirus pandemic has created constraints on the demand for work even as it limits the number of workers available to hire.
New Producer Price Index Data Confirms Association Survey Showing Most Construction Firms are Being Harmed by Skyrocketing Costs for Products Like Lumber while Shipping Problems Impact Project Schedules
Another round of steep price increases and supply-chain disruptions are wreaking hardships on contractors, driving up construction costs and slowing projects, according to an analysis by the Associated General Contractors of America of government data released.
The Foundation released the December 2020 Monthly Confidence Index for the Equipment Finance Industry. The Foundation also released highlights of the COVID-19 Impact Survey of the Equipment Finance Industry.
Houston-The Woodlands-Sugar Land and Brockton-Bridgewater-Easton, Mass. Have Worst 12-Month Losses, While Dallas-Plano-Irving, Texas and Walla Walla, Wash. Lead in Construction Job Increases
Construction firms are experiencing widespread project deferrals and cancellations, along with disruptions to ongoing work and few new project awards, as the economic damage from the pandemic drags down industry employment in metro areas across the nation, according to a new survey and an analysis of new government data that the Associated General Contractors of America released today.
Thirty-nine states lost construction jobs between August 2019 and August 2020 while 31 states and the District of Columbia added construction jobs between July and August according to an analysis of Labor Department data released by the Associated General Contractors of America.
The coronavirus has harmed the construction industry, prompting project delays and cancellations, layoffs and furloughs, yet it remains difficult for a majority of firms to find craft workers to hire, according to theresultsof a workforce survey conducted by the Associated General Contractors of America and Autodesk.