Despite the loss of 6,000 jobs, the nation’s construction industry unemployment rate dipped to 9.1 percent in July on a non-seasonally adjusted rate, according to the U.S. Labor Department’s August 2 employment report. That number is down from 9.8 percent in June and well below the 12.3 percent from the same time last year. Overall, […]

The Associated Builders and Contractors Inc. (ABC) hosted its 2012 mid-year construction forecast earlier this week. Kermit Baker, chief economist for the American Institute of Architects; David Crowe, chief economist and senior vice president of the National Association of Home Builders; and Anirban Basu, ABC chief economist, provided differing projections for construction industry sectors, which […]