Forty-three states and the District of Columbia added construction jobs during the past twelve months, but momentum slowed in May with only 22 states adding jobs, according to a new analysis of federal employment data released by the Associated General Contractors of America.

Rising interest rates and ongoing building material supply chain disruptions that raise construction costs continue to act as significant headwinds on the housing market.

Mickey, an innovative startup company, announces the launch of its automated lumber marketplace. The new marketplace offering represents the first time that lumber buyers can partake in the platform and current Mickey suppliers can access new buyers along with their core customers.

Civil contractors continue to be optimistic about their business prospects in the 1Q2022 survey published in the latest edition of The Civil Quarterly (TCQ) from Dodge Construction Network.

Supported by gains in the U.S. construction and housing markets and robust overall economic growth, U.S. ceramic tile consumption increased for the first time since 2018.

With builders continuing to report supply chain problems that are causing construction delays, overall housing starts decreased 4.1% to a seasonally adjusted annual rate of 1.64 million units, according to a report from the U.S. Department of Housing and Urban Development and the U.S. Census Bureau.

Despite strong buyer demand, builder sentiment continued to slip in February as the industry grapples with ongoing building material production bottlenecks that are raising construction costs and delaying projects.

Aterian Investment Partners, a private investment firm, through its portfolio company Xpress Global Systems, LLC, is pleased to announce the acquisition of assets of the Oregon-based Pacific Coast Distributors.

The 18,000-square-foot space will include a sales showroom, warehouse, and will-call area. 

While many economists expect inflation to moderate over the course of 2022, as of now, there is effectively no relief in sight for the nation’s contractors, according to Associated Builders and Contractors.