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Construction job openings dropped nearly 40% from a year ago in October, according to a separate report from the Bureau of Labor Statistics released Tuesday. Contractors hired 293,000 workers ...
Instead, the most direct beneficiary from the current investment pulse, so far, has been the construction industry, which continues to see healthy annual job growth of more than 2.5%.
It may surprise you that the construction industry is aging, and needs new, young professionals. Numbers show that 45-to 64-year-olds make up nearly 40% of the industry. This presents an ...
The Engineering News-Record (widely known as ENR) is an American weekly magazine that provides news, analysis, data and opinion for the construction industry worldwide. It is widely regarded as one of the construction industry's most authoritative publications and is considered by many to be the "bible" of the industry. It is owned by BNP Media.
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Construction News' website, CNplus, was launched in 2002, and in December 2015 changed its domain name to constructionnews.co.uk. The title's digital publishing and event activities have gradually expanded. In 1997 CN launched the Quality in Construction Awards, which were renamed the Construction News Awards in 2011. In 2014 it was named Best ...
The construction industry in the United States is one of the major sectors of the country's economy. [1] As of November 1, 2022 [update] there are over 745,000 general contractor LLCs employing over 7.6 million in its workforce , putting up almost US$1.4 trillion worth of structures annually.
The construction industry contributes significantly to many countries' gross domestic products . Global expenditure on construction activities was about $4 trillion in 2012. In 2022, expenditure on the construction industry exceeded $11 trillion a year, equivalent to about 13 percent of global GDP. This spending was forecasted to rise to around ...