After starting out the year on a positive note, there was another minor increase in the Architecture Billings Index (ABI) in February. A leading economic indicator of construction activity, the American Institute of Architects (AIA) reported the February ABI score was 50.7, up slightly from a mark of 50.4 in January.
Total construction spending in January 2014 posted the largest year-over-year increase since 2006, with growth in both public construction and private residential and nonresidential spending.
York’s Quality Education & Training Center is working with a local organization called Save Our Veterans (SOV) to teach trained military personnel new skills pertinent to a profession in HVACR.
Total construction spending in January posted the largest year-over-year increase since 2006, with growth in public construction as well as private residential and nonresidential spending, according to an analysis of new Census Bureau data by the Associated General Contractors of America (AGC).
The Associated Builders and Contractors (ABC) Construction Backlog Indicator (CBI) hit a post-recession high in the fourth quarter of 2013, growing from 8.2 months to 8.3 months (1.3 percent). Compared to the prior year, the CBI is 3.9 percent higher — up from 8 months at the end of 2012.
Construction employers added 17,000 jobs in November as the sector’s employment hit the highest level since August 2009 and the industry unemployment rate fell to 8.6 percent.
WinWholesale Inc. announced that its new 200,000-square-foot regional distribution center in Middletown, Conn., is open for business to serve its locations primarily in the Northeast after 12 months of construction.