NEW YORK, New York/SEATTLE, Washington (November 30, 2020)—Abbott Construction announced that it has merged with STO Building Group to become a member of the STO family of companies.
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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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