After reporting some contraction over the last five months, US manufacturing activity in February showed signs of a bounce back in the most recent ISM Manufacturing index. “Brad Holcomb, chair of the ISM Manufacturing Survey Business Committee, said in an…
Category: Construction
Unemployment Sneaks Down To 4.9%
While global economic fluctuations sent the stock market on a wild ride in January, the US unemployment rate dropped another 0.1% to 4.9%, which is its lowest level since February 2008. Economists are projecting some more wage and inflation pressure…
US Down To 5% Unemployment
Manufacturing has been flat the last couple of months, but the overall economy seems to be doing well. We are now at 5% unemployment which is considered the threshold for full employment by the Fed and many private economists. This…
Construction sector a strong point of U.S. jobs report
While September’s employment report from the U.S. Bureau of Labor Statistics revealed a slowing down of the country’s employment gains, it also highlighted which industries are poised to lift the nation from its currently stagnant job numbers. MarketWatch reported that…
Construction industry continues national growth
According to information released from the Associated General Contractors of America, construction jobs were created in 37 states plus the District of Columbia between July 2014 and July 2015. Between June and July of this year, 28 states and Washington,…
The Talent Gap Widens
Even with the recent fluctuations in Chinese and European economies, US Manufacturers are still seeing growth throughout most segments, and economists expect that trend to continue. More and more manufacturing executives are concerned about attracting, training, and retaining talent to…
Rise in infrastructure deals may boost domestic market
A recent boost in infrastructure deals may be indicative of trends in the market about the market. Currently, many infrastructure deals have been made outside the U.S., decreasing the value of the domestic market and taking jobs overseas. However, a recent…
Manufacturers Poised For Solid 2nd Half of Year
The Institute for Supply Management recently reported that its purchasing managers’ index edged up to 53.5 in June from 52.8 in May. The ISM report showed factory orders and employment in June stood at their highest readings since December 2014. …
Jarrett Church and TRG Construction Management/ Service Engineering complete Successful Search
The Construction Management/ Service Engineering Search Division of The Richmond Group USA is pleased to announce the successful completion of a Senior Estimator search. Our Client, one of the world’s top engineering and construction management companies was looking for an accomplished…
Florida’s construction industry experiences boom
The construction industry grew in 39 states this past year, according to analysis of Labor Department data by the Associated General Contractors of America.