WASHINGTON (July 28, 2014) — Due to the weather-related slow start in the nonresidential building market during the first part of the year and the prolonged weakness in the institutional sector, construction spending projections for the rest of the year have been lowered slightly. The commercial construction sector is still looking at solid spending increases throughout the remainder of 2014, paced by high levels of demand for hotels and office buildings.
WASHINGTON (July 24, 2014) — The Equipment Leasing and Finance Association’s (ELFA) Monthly Leasing and Finance Index (MLFI-25), which reports economic activity from 25 companies representing a cross section of the $827 billion equipment finance sector, showed their overall new business volume for June was $9 billion, up 5 percent from new business volume in June 2013.
HACKETTSTOWN, N.J. (JULY 23, 2014) — The National Kitchen & Bath Association, a provider of continuing education and professional development for the kitchen and bath industry, has announced the launch of NKBA U Professional of the Year, a contest recognizing the most driven in the kitchen and bath industry.
SAN DIEGO (July 23, 2014) — Employees of McCarthy Building Companies Inc., a commercial builder in San Diego, recently teamed with a group of consultants and subcontractors to give the Boys & Girls Clubs of Greater San Diego (BGCGSD) what it needed most: a new STEM (science technology engineering mathematics) lab and outdoor garden area at its Ron Roberts Family Branch in Linda Vista, located at 2230 E. Jewett St., San Diego.
(July 23, 2014) — Point-of-Rental Systems’ CEO Wayne Harris recently visited a school in Retalhuleu, Guatemala, that caters specifically to children living in extreme poverty. The poverty rate in Guatemala is at 53 percent, with the worst poverty conditions being in rural areas of the country.
WASHINGTON (July 22, 2014) — Associated Builders and Contractors (ABC) praised the signing of the Workforce Innovation and Opportunity Act (WIOA), H.R. 803, into law July 22 and released the following statement: