Rise in Immigrant Construction Labor Force Continues as Native-Born Workers Remain Reluctant

Jan. 16, 2018

Research from the National Association of Home Builders (NAHB) suggests that the share of foreign-born workers in the U.S. construction labor force has been rising since the housing recovery, accounting for close to a quarter of workers.

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Challenges Lie Ahead for Construction Sector Abroad

Jan. 15, 2018

While reviews of the previous year predict stable conditions and potential growth in the international construction sector, political reform and cost adjustments will challenge some industries in their efforts to boost construction.

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Construction Input Prices Rise Year-Over-Year, Decline Month-Over-Month

Jan. 12, 2018

Construction input prices for December 2017 rose 5% from the prior year, despite a slight decline from the November 2017 pricing.

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Nonresidential Construction Employment Finishes 2017 Strong

Jan. 11, 2018

Nonresidential construction ended the year on a high note, adding nearly 12,000 jobs to the economy in December. That is about 10% of the jobs created during the month, said Associated Builders and Contractors’ analysis of data from the Bureau of Labor Statistics. The overall construction industry added 30,000 jobs in December.

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U.S. Legislation, Canadian Bank Seek to Increase Government Infrastructure Spending

Jan. 10, 2018

Much-needed infrastructure investment is taken up by the U.S. federal government and funding trends by state and local governments. In Canada, the nation’s new infrastructure bank plans to increase investments in infrastructure by appealing to private investors through the use of public funds, CTV News reported.

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Natural Disasters Cause Major Losses, Construction Changes

Jan. 9, 2018

The bombarding natural disasters of 2017 have insurers worldwide reeling from $330 billion in losses—only $135 billion of which was insured, said international reinsurer Munich RE.

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Dodge Momentum Index Ends 2017 at Cycle High

Jan. 8, 2018

Construction spending is expected to continue into the new year and beyond, according to the latest Dodge Momentum Index from Dodge Data & Analytics. The index increased 3.6% to 153.9 in December from the revised 148.6 reading in November.

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Pending Home Sales Increased as Builder Confidence Remains High

Jan. 5, 2018

The Pending Home Sales Index (PHSI) rose slightly in November by 0.2% from the prior month and was 0.8% higher than a year prior.

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Construction Unemployment Improved in November

Jan. 4, 2018

Cleanup and recovery efforts following last year’s hurricanes likely helped ramp up construction employment in November.

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November’s Construction Spending on the Rise

Jan. 3, 2018

Construction spending saw a modest bump in November 2017 as it increased for its third consecutive month in public and private spending. The U.S. Census Bureau reported growth of nearly 1% from its October revision.

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