Articles Tagged with ''construction and HVAC''

Trump Administration’s First 100 Days

Improved business climate for construction industry
June 1, 2017
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Associated Builders and Contractors (ABC) praised President Trump for taking important steps to create a pro-growth business environment in a statement from ABC President and CEO, Michael Bellaman.


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Construction Firms Add 5,000 Jobs in April

Specialty trade jobs dip slightly
May 30, 2017
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The Bureau of Labor Statistics (BLS) released its April jobs report, revealing that employment in the construction industry increased by 5,000 jobs (seasonally adjusted). While the economy added 211,000 jobs, total specialty trade employment contracted nominally, shedding 1,500 positions in April.


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Geothermal HVAC

Geothermal Interest Spans All Ages on Earth Day 2017

Consumers old and young are willing to invest in renewable energies
Samantha Sine
Samantha Sine
April 24, 2017
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On April 22, people all over the globe celebrated Earth Day. This holiday serves as a reminder to many that we all need to do our part to preserve the planet. While some plant trees, recycle, or clean parks, the HVACR industry touts the potency of geothermal heating and cooling.
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Nonresidential Specialty Trade Contractors Drove March Growth

Specialty trade contractors continue to dominate construction employment
April 11, 2017
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The U.S. Bureau of Labor Statistics released its March employment data, which revealed a slowing of job growth from previous months. A clear bright spot in the report was the 7,300 new jobs in nonresidential specialty trade construction.


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ABC

Contractor Confidence Down in 2016

However, still in positive territory, says ABC
April 5, 2017
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Expectations for 2017 have become less optimistic, but the majority of industrial and commercial construction contractors still expect growth this year, according to the latest Associated Builders and Contractors Inc. (ABC) Construction Confidence Index (CCI). Although all three diffusion indices in the survey — profit margins, sales, and staffing levels —fell by more than five points, they remain well above the threshold of 50, which signals that construction activity will continue to be one of the few significant drivers of economic growth.


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Specialty Trades Drive February Construction Job Growth

36,400 new jobs in specialty construction in February
March 16, 2017
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The Bureau of Labor Statistics released its February jobs report, marking another month of growth in construction employment. Of the 235,000 jobs created in February, 25 percent were in the construction industry. The specialty construction trades drove the increase in construction employment, accounting for over 62 percent of the job growth in the construction industry.


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Chart

Construction Job Growth Rebounds in 2017

Nonresidential sector gaining momentum
February 28, 2017
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National construction employment started 2017 on a high note, adding 36,000 net new jobs on a seasonally adjusted basis in January, according to analysis of U.S. Bureau of Labor Statistics data released by the Associated Builders and Contractors (ABC). The 0.5 percent increase represents the best month for construction employment growth since March of 2016.


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