WASHINGTON (August 3, 2020)—National nonresidential construction spending declined 0.2% in June, 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 $812.9 billion for the month.
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LOS ANGELES (July 29, 2020)—Tutor Perini Corporation reported results for the 3 months ended June 30, 2020. Revenue was $1.3 billion, up 13% compared to $1.1 billion for the second quarter of last year.
NATIONAL—Construction employment decreased in 225 (62%) out of 358 metro areas between June 2019 and last month despite widespread increases from May to June, according to an analysis of new government data that the Associated General Contractors of America.
Birmingham, Ala. (July 29, 2020)—Construction Business Owner, the leading business magazine for contractors, is pleased to announce a free webinar presented in partnership with Procore.
The live, online event, “The Power of Platform Technology” will take place July 29, 2020, at 2 p.m. EDT, and will share how you can help your business adapt to change using open, integrated systems.
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WASHINGTON (July 22, 2020)—Demand for design services from architecture firms began to stabilize in June, following their peak declines in April, according to a new report today from The American Institute of Architects (AIA).