An overwhelming majority of construction firms report trouble finding qualified craft workers to fill key spots, as demand for construction continues to rebound in many parts of the country, according to the results of an industry-wide survey released Sept. 10 by the Associated General Contractors of America. Association officials called for new career and technical school programs, as well as other workforce measures to offset labor shortages that are forcing firms to change how they operate. They say the shortages also pose risks to workplace safety.“Few firms across the country have been immune from growing labor shortages in the construction
Denver International Airport and the Denver Fire Dept. broke ground in late August at the future site of Fire Station 35, located at 25365 E 75th Ave., near Jackson Gap and 75th Avenue.
While the Southwest construction market isn’t projected to suffer through another downturn, the results of ENR Southwest’s Specialty Contractors Survey and comments from several leaders of specialty contracting firms suggest that talk of a return to boom times any time soon is premature and unwarranted.
Rosendin Electric is one of the busiest electrical contractors in the Southwest, but the confidential nature of its work precludes the firm from talking about many of its largest projects.
Prices for inputs to construction industries declined 0.1% in July after increasing 0.2% in June, according to the Aug. 14 producer price index release by the Bureau of Labor Statistics. Year-over-year prices were down 3% in July and have been down on an annual basis for each of the past eight months. Prices of inputs to nonresidential construction industries declined 0.3% on a monthly basis and are down 3.9% on a yearly basis.“Key input prices fell or were flat in all but one category in July, and it is important to note that further downward pressure on input costs is
Construction spending in June recorded the highest year-over-year growth rate since 2006, according to a recent analysis by the Associated General Contractors of America.
At a seasonally adjusted annual rate of $629.4 billion, new construction starts in July were essentially unchanged from June’s pace, according to Dodge Data & Analytics.
Squeezing work on 12 bridges and numerous ramps into 18 months and just over a mile of congested urban corridor, the Colorado Dept. of Transportation is wrapping up a $98-million project along the busy U.S. 6 corridor in Denver.
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