Economic News

2024 February

Construction Trends | February 2024

The construction sector added 17,000 employees in December and continued to raise wages at a faster clip than other industries, the Associated General Contractors of America reported in an analysis of government data.

January 2024

Construction Trends | January 2024

Construction sector job gains slowed in November as firms added only 2,000 jobs, but wages for hourly employees accelerated and the number of unfilled positions reached record highs in October, the Associated General Contractors of...

2023 December

Construction Trends | December 2023

Research findings released Oct. 26 indicate construction contractors continue to make progress responding to issues affecting worker safety and health, such as heat and mental health, but many areas for improvement remain.

2023 November

Construction Labor Productivity: The $20 Billion Opportunity

FMI Corporation has released the 2023 Labor Productivity Study. The study explores current trends, challenges, management best practices and innovations for optimizing labor productivity. Here are some of the study’s key findings: Many of the top...

2023 October

Armstrong World Industries Acquires BŌK Modern

Armstrong World Industries has acquired BŌK Modern, a pioneer in the design and development of integrated architectural metal systems for a range of interior and exterior applications.    BŌK has built its business on collaborating with...

2023 October

Architecture Firm Billings Remain Flat

Billings at architecture firms remained flat in July, with an AIA/Deltek Architecture Billings Index score of 50.0 for the month. A score of 50.0 means that the share of firms that reported a decline in...

2023 October

Equipment Finance Industry Confidence Improves Again in August

The Equipment Leasing & Finance Foundation’s August 2023 Monthly Confidence Index for the Equipment Finance Industry reports that confidence in the equipment finance market is 50.4, an increase from the July index of 46.4.    When...

2023 October

Dodge Momentum Index Drops 6.5% in August

The Dodge Momentum Index, issued by Dodge Construction Network, declined 6.5% in August to 178.0 (2000=100) from the revised July reading of 190.3. Over the month, the commercial component of the DMI fell 1.6%, while...