Nonresidential construction spending decreased 0.1 percent in January, totaling $732.9 billion on a seasonally adjusted basis, marking a decline from the previous 5 months of increases.

Following pledges made during his 2016 campaign and again as president, Donald Trump on Thursday announced a long-promised initiative to impose stiff tariffs on imports of aluminum and steel to the U.S., an aggressive policy stance that instantly sent the Dow tumbling 500 points while causing construction leaders and housing analysts to brace for the worst.

If President Trump adopts Commerce Dept. recommendations to impose severe trade penalties on steel and aluminum imports from China and other foreign countries, prices for construction steel and aluminum products would jump and some contractors could suffer a financial blow, industry economists predict.

Kahua, the provider of the world's premiere collaborative network for real estate and construction project management, today announced an agreement with Crossland Companies, Inc, one of the nation's top general contractors. Under the enterprise agreement, Crossland will manage a wide variety of projects in their Construction and Heavy Contracting business units on The Kahua Network.

CIOs across the globe are constantly evaluating a fusillade of emerging technologies, business models, and economic movements being fired at them. Machine Learning. Blockchain. The Internet of Things. Industry 4.0. The Subscription Economy. Autonomous Everything. Digital Transformation.

Nonresidential construction spending expanded 0.8 percent in December, totaling $720.4 billion on a seasonally adjusted basis, the 5th consecutive month during which the pace of nonresidential spending has increased. Year-over-year, nonresidential spending expanded 0.1 percent.

According to data released Friday by the US Bureau of Labor Statistics, the national construction industry added 36,000 net new jobs on a seasonally adjusted basis in January. Nonresidential construction employment added 16,400 net new jobs in December, mostly in nonresidential specialty trade contractors.

Forty-two states added construction jobs between December 2016 and December 2017, while 32 states and the District of Columbia added construction jobs between November and December, according to an analysis by the Associated General Contractors of America of Labor Department data released today. Association officials said a new federal infrastructure measure would help guarantee continued employment gains in the sector.

AGC announces that 75% of construction firms plan to expand headcount and ABC predicts stable 2018 construction economy

The chief executive officer of the Associated General Contractors of America, Stephen E. Sandherr, released the following statement regarding final passage of federal tax reform: