Business: Page 491

Construction News
Hard Hat Heroes Expansion Provides More Construction Opportunities for Veterans
Build Your Future military initiative provides a way for veterans to receive NCCER credentials for the skills and training they received while in the service
NCCER recognizes the members of the military council, Darren Amick of Bechtel, John Boerstler of NextOp, Jacob Guzman of KBR, Shane Hair of Day and Zimmermann, Chris Newton of Cajun Industries and David Theriot of Performance Contractors, for their hard work and dedication, along with special thanks to the Army, Navy, Air Force and Marines representatives for their participation.
Construction News
Virginia Takes Over Top Spot on ABC 2017 Merit Shop Scorecard
Associated Builders and Contractors Inc. (ABC)
The scorecard highlights states where merit shop contractors are well positioned to succeed and calls attention to states where strategic improvements need to be made
Virginia, Arkansas and Arizona landed the top three spots on ABC's 2017 Merit Shop scorecard while Illinois, Washington and New York rounded out the bottom of the list.
Business
Construction Industry Growth Widespread But Uneven as 26 States Add Jobs in October
Associated General Contractors of America (AGC)
While only half the states added construction jobs between September and October, 41 states added jobs between October 2016 and October 2017
Iowa lost the highest percentage of construction jobs over the last year at -6.6% while Nevada added the highest percentage at 12%.
Business
Winter is a Great Time for Contractors to Develop a Business Plan
Effective business planning is more than simply putting some goals out there and then making a mad scramble to reach the goals
If you have never developed a business plan then consider this winter season to do so. If you have a business plan, consider revising it, updating it, strengthening it to be more realistic and more useful for this next business season.
Construction News
New Single-family Homebuilder Confidence Hits 8-month High
National Association of Home Builders
The November reading of 70 was the highest report since March, and the second highest on record since July 2005
The NAHB/Wells Fargo Housing Market Index gained 2 points in November to 70 putting it nearly back to its previous cycle high of 71 hit in March.
Business
October Architecture Billings Index Increases Slightly
American Institute of Architects
'There is enough design activity occurring that construction conditions should remain healthy moving through 2018'
The Architecture Billings Index (ABI) rose 2.6 points to 51.7 in October.
Business
Go Build America Set to Be Industry's Most Comprehensive National Workforce Initiative
Based on state-level programs that have helped boost enrollment in local technical education programs, Go Build hopes to rebrand and promote the entire construction industry
The new Go Build America initiative will work directly with associations across the US to recruit young people and incumbent workers.
Construction News Tracker
[VIDEO] Dodge Forecasts 3% Rise in 2018 US Construction Spending
The Dodge Data projections show single family construction, institutional and commercial all up while multifamily and electric utility are off; plus more construction industry news on the November 16, 2017, edition of Construction News Tracker
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Business
Residential Will Continue to Be Main Driver of US Construction Starts Through 2021
ConstructConnect forecasts residential construction starts will increase nearly 6% over the next few years while nonresidential will increase around 2%
Residential will be the main driver of total construction starts, multifamily will disappoint, and engineering will be strong before moderating in 2020.
Business
Construction Input Prices Unchanged in October
Associated Builders and Contractors Inc. (ABC)
Crude petroleum prices rose 6.6% for the month, but no other input manifested significant price growth in October
Construction input prices have expanded 4.3% year over year.
Concrete
2018 GOMACO University Course Schedule now Available Online at www.gomaco.com/university
GOMACO Corporation
GOMACO University has released their 2018 schedule and is now accepting registrations for the new season of specialized courses covering GOMACO’s full line of concrete paving equipment.
GOMACO University Simulators (GUS) allow hands-on demonstrations and discussions in the shop. Special training consoles also provide explanation support for GOMACO control systems.
Construction News
U.S. Construction Starts Grow for Three Consecutive Quarters in 2017
Robust outlook for many types of construction starts in 2018, with residential to be the main driver of total starts through 2021
Construct Connect1
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