WASHINGTON (Dec. 3, 2020)—Like most of the economy, construction, and therefore construction employment, was hit hard by the spread of COVID-19 and measures to limit the pandemic.
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Jacobs Engineering Group Inc. recently announced its financial results for the fiscal fourth quarter and fiscal year ended Oct. 2, 2020.
Q4 2020 Financial Highlights:
WASHINGTON (December 1, 2020)—National nonresidential construction spending was virtually unchanged in October, according to an Associated Builders and Contractors analysis of data published by the United States Census Bureau. On a seasonally adjusted, annualized basis, spending totaled $792.4 billion for the month.
WASHINGTON (December 1, 2020)—The construction industry’s fortunes continued to diverge in October, as residential construction expanded again while nonresidential construction remained largely unchanged from a month ago and is down compared to last year, according to an analysis of new federal construction spending data by the Associated General Contractors of America.
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The United States Internal Revenue Service (IRS) has released several items containing guidance related to Paycheck Protection Program (PPP) loans—specifically for businesses planning to seek forgiveness for the loans.
SAN RAFAEL, Calif., (Nov.