Tag: January
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ABC Reports Construction Labor Force Churn Advance in January
There has been a labor shortage in the construction industry for the past few years and according to an Associated Builders and Contractors (ABC) analysis of data, as of the last day of January, there were 236,000 job openings. Associated Builders and Contractors This data was released in the U.S. Bureau of Labor Statistics’ Job Openings and Labor…
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$1.248 Trillion was Spent in Nonresidential Construction in January
According to an analysis by the Associated Builders and Contractors of published data from the U.S. Census Bureau, national nonresidential construction spending increased 0.1% in January. On a seasonally adjusted annualized basis, nonresidential spending totaled $1.248 trillion. However, their economist expresses some concern. 12 of the 16 nonresidential subcategories, spending was up on a monthly…
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The 9 largest commercial construction starts of January 2025
Construction kick off activity pulled back in January as fewer commercial projects broke ground, though infrastructure work kept builders busy with new highway, bridge and energy projects. Total construction starts fell 6% in January to a seasonally adjusted annual rate of $1.1 trillion, according to Dodge Construction Network. Nonresidential building starts, such as office, hotel…
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January 2025 economic roundup | Construction Dive
Surging data center activity helped jumpstart nonresidential construction planning last month, but contractors still face a number of hurdles in the year ahead. While planning picked up due to the momentum around data centers, overall backlog dropped to its lowest level in nearly two years. The decline underscores the ongoing challenges tied to elevated interest…
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January 2025 wins: Contractors report their latest awards
Contractors thrive on new business and opportunities, living for the moments when a potential project becomes reality. After completing all the hard work of estimating, preparing and presenting a bid, there’s nothing quite like getting that call from a client to say the job is yours. Here, Construction Dive tracks the top contract wins announced…
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In pictures | The best images of January
A round-up of the most impressive construction pictures from the past month. Tarmac and National Highways have trialled a new concrete retexturing technique on a section of the A30 in Cornwall that can reduce noise by up to 7dB. A single-pass process treatment creates grooves in the existing concrete pavement while grinding is applied onto…
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ET – January 2025 – Ed Letter (Breaking Ground)
Happy New Year, readers! Welcome to the Editor’s Letter for the January 2025 issue of Equipment Today! For many of us, with that January flip of the calendar comes a renewed sense of determination. This time of year, we find ourselves setting our sights on bigger objectives and aiming higher. But creating goals is the…