Construction
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R.I. sees 3rd-highest construction job contraction in April
During the past year, construction employment in Rhode Island fell nearly 9 percent, or 1,400 jobs, according to the Associated General Contractors of America. more
Homebuilder confidence in U.S. climbs on improving outlook
Confidence among U.S. homebuilders improved in May for the first time in five months as buyers rush to take advantage of near record-low mortgage rates. more
New home sales strengthen as builders drive growth
Sales of new U.S. homes advanced in March as near record-low mortgage rates helped the industry complete the strongest quarter since 2008, putting the economy on firmer footing. more
Housing starts in U.S. surge on demand for multifamily units
New-home construction in the U.S. jumped more than forecast in March as multifamily projects climbed to the highest level in more than seven years. more
Construction employment drops 10% in Prov. metro in Feb.
Construction employment declined in 132 of 339 metro areas, – including the Providence-Fall River-Warwick area – rose in 158 out of 339 metro areas and stayed stagnant in 49 metro areas – including the New Bedford area – from February 2012 to February 2013, according to a report from the Associated General Contractors of America. more
| 4/10/13
Gilbane: Spending growth seems ‘here to stay’
After ending 2012 with a 10 percent year-over-year increase in construction spending, spending is expected to grow more than 7 percent in 2013; the Gilbane Building Co. said in its spring 2013 edition of its annual construction-industry economic report. more
| 4/3/13
Report: R.I., nation need infrastructure improvements
Rhode Island is a state with 87 high-hazard dams, 156 structurally deficient bridges and 6,401 public road miles - 70 percent of which are considered to be of poor or mediocre quality. more
Housing starts in U.S. climb as building permits pick up
New U.S. home construction rose in February and building permits climbed to the highest level in almost five years, adding to signs of progress in the housing market that’s helping boost the economy. more
Gilbane lands Training Mag’s Best Practice award
Training Magazine, a professional and workforce development publication, has ranked Gilbane Building Co.’s new sales model one of the most “innovative and successful” among firms in its “Top 125 Organizations” list. more
Work begins on most U.S. single-family homes in 4 years
Builders broke ground in January on the most U.S. single-family homes in more than four years and permits for future construction rose, an indication the industry’s momentum carried over into 2013. more
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