-
JOIN THE IUPAT MOBILE NEWS NETWORK!
Or TEXT IUPAT TO 48728
Glazing
Hot Industry for Start-Ups: Construction?
One usually thinks of start-ups as cutting-edge. But it turns out the hottest growth area for new businesses isn’t so sexy: It’s construction. More entrepreneurs are setting up construction companies, according to a report released earlier this week. The increase comes as construction workers who lost their jobs during the slump in the housing market … Read more
BEC Conference focuses on how glaziers can position their companies for recovery
Glass industry representatives gathered in Las Vegas for the BEC Conference, March 18-20. Hosted by the Glass Association of North America, the event offered sessions on topics ranging from avoiding problems in the field to changes in contract language. “The theme of our meeting is: how to position your company for recovery,” said Henry Taylor, … Read more
Posted in Glazing.
EPI – State-level data confirm nationwide recovery
State level data released today by the Bureau of Labor Statistics shows that most states have been experiencing the steady progress towards economic recovery that we have been seeing nationally. Over the three-month period from October 2011 to January 2012, every state except New York experienced a reduction in its unemployment rate (New York’s rate … Read more
January construction spending first drop in 6 months
Construction spending fell in January for the first time in six months as companies cut investment in buildings and the federal government scaled back projects, the Commerce Department said. Read more at Reuters.
Job Growth Continues to Improve
WASHINGTON—U.S. job creation remained solid in February and was stronger in previous months than initially thought, marking one of the economy’s best stretches of the nearly three-year-old recovery. Jobs outside of agriculture grew by 227,000 last month, the Labor Department said Friday. Meanwhile, employers added 284,000 jobs in January—roughly 40,000 higher than an initial estimate—and … Read more
Private nonresidential building trends improve
Weaker construction of hotels, manufacturing facilities and health care facilities in the private sector left January construction spending flat with December, the U.S. Census Bureau reported Thursday. Nevertheless, nonresidential construction companies have been a major contributor to the overall industry growth in the last year or so, according to an analysis of private-company financial statements by Sageworks Inc., a … Read more
Why Recent Job Gains May Stick This Time
The U.S. job market’s recent improvement has some economists wondering if 2012 will break from last year’s pattern of strong job growth in the winter followed by a slowing in the spring and summer. One reason for optimism is that job growth has spread to more of the nation’s largest metro areas—divisions bigger than cities … Read more
Economists More Optimistic, Keep Growth Forecasts
NABE economists see the unemployment rate sticking at 8.3 percent this year, matching January figures. That’s improved from their November forecast of 8.9 percent. Unemployment peaked at 10 percent in October of 2009. The economists expect job growth to accelerate next year, and forecast the unemployment rate will fall to 7.8 percent. GDP growth needs … Read more
Bob Balgenorth: Project Labor Agreements are good for public projects
A PLA is a risk-management tool. Negotiated before work on a project begins, it generally includes a no-strike clause as well as a process to resolve disputes. It establishes the hours of work, wages, benefits and working conditions. Many municipal PLAs also have local-hire provisions and other benefits desired by the community. Read more at … Read more
January Construction Recedes 2 Percent
New York, N.Y. – February 21, 2012 – The value of new construction starts dropped 2% in January to a seasonally adjusted annual rate of $402.2 billion, according to McGraw-Hill Construction, a division of The McGraw-Hill Companies. Both nonresidential building and housing settled back from December, while the nonbuilding construction sector managed to register a … Read more
