Nonresidential construction spending, which totaled $751.5 billion on a seasonally adjusted annual rate for November, declined 0.1% and is a 5.5% increase over the same time last year.

Welcome to 2019. It’s a new year. It can be new you. You’ve made a list and checked it twice…or not. Sometimes, that list gets messy or doesn’t exist at all. Either way, it’s OK! Make a list with a new set of goals that can take you to the next level!

Seventy-nine percent of construction firms plan to expand their payrolls in 2019 but an almost equal percentage are worried about their ability to locate and hire qualified workers, according to survey results released today by the Associated General Contractors of America and Sage Construction and Real Estate. The findings are detailed in Contractors Remain Confident About Demand, Worried About Labor Supply: The 2019 Construction Hiring and Business Outlook Report.

As contractors continue to transform their operations through technology and train new generations of workers, they might not be aware that there are a number of tax incentives and credits to help offset these costs.

According to data released last week by the US Bureau of Labor Statistics, the national construction industry added 38,000 net new jobs in December. During the past 12 months, the industry has added 280,000 net new construction jobs, which translates into a 4 percent increase in total industry-wide employment.

There are tax incentives construction firms can take advantage of that could add thousands of dollars to the bottom line.

According to data released last week by the US Bureau of Labor Statistics, the national construction industry added 5,000 net new jobs in November. During the past 12 months, the industry has added 282,000 net new construction jobs, which translates into a 4 percent increase in total industry-wide employment.

Nonresidential construction spending, which totaled $763.8 billion on a seasonally adjusted annual rate for October, increased 0.1% and is a 7.3% increase over the same time last year

WASHINGTON, Dec. 4—Associated Builders and Contractors Chief Economist Anirban Basu forecasts another strong year for construction sector performance, yet warns about inflationary pressures, according to a 2019 economic outlook published today in Construction Executive magazine.

Nonresidential construction spending, which totaled $767.1 billion on a seasonally adjusted annual rate for September, fell 0.3% but remains historically elevated and increased 8.9% on a year-ago basis.