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Updates from Businesses in Canton, GA 30115
Best Six-Month Job Growth Streak Since ’06: Economy
Employers in the U.S. took on more workers than forecast in February, completing the best six months for payroll growth since 2006 and showing more improvement in the labor market. The 227,000 increase followed a revised 284,000 gain in January that was bigger than first estimated, Labor Department figures showed yesterday in Wash... Read More
28 STATES SAW CONSTRUCTION EMPLOYMENT RISE
Construction employment rose in 28 states and the District of Columbia between January 2011 and January 2012, while 20 states lost construction jobs and two held steady—the best net positive showing for state construction employment since 2007, according to an analysis by the Associated General Contractors of America of Labor Departmen... Read More
Construction jobs increase in California, 34 other states
s March 13, 2012, 1:04 p.m.Construction employment grew in 35 states in January from December, with California adding the most jobs -- 8,900, or a 1.6% increase.Thirteen states posted decreases in construction jobs and two states had no change, according to an analysis of Labor Department data by the Associated General Contractors... Read More
Building spurt brightens job outlook
By Katie Johnston Globe Staff / Carpenter Brian Donoghue estimates he has had less than 12 months of work in the past three years. As construction jobs vanished during the economic downturn, Donoghue, 33, drained his savings and retirement accounts and turned to his parents to help pay the bills.RELATEDPICTURESBoston con... Read More
CONSTRUCTION EMPLOYMENT DOWN IN FEBRUARY
The construction industry lost 13,000 jobs between January and February, but continued a string of year-over-year job increases, according to an analysis of new federal employment data released by the Associated General Contractors of America. Association officials said that short-term factors such as weather contributed to the monthly... Read More
Unemployment report for February 2012: 227,000 jobs created
WASHINGTON -- Employers likely added 227,000 jobs and the unemployment rate held at 8.3% in February. That's below January's 243,000 jobs but still a healthy figure. The unemployment rate had fallen for five straight months. If the unemployment rate had dropped for a sixth straight month, it would mark the first such streak since... Read More
Silver Line Construction: By The Numbers
By Bobbi Bowman You may have lost track of the big picture of the Silver Line subway construction from Falls Church through McLean and Tyson's Corner to Dulles Airport because it has disrupted traffic and changed the landscape forever. Two new subway stations are located in McLean on Dolley Madison Boulevard and another dire... Read More
Deal with Illinois cable plant to bring 1,450 jobs
THE ASSOCIATED PRESS CHICAGO — Company officials announced a deal between an Illinois power cable manufacturing plant and a Texas energy company today that's expected to create 1,450 jobs in Illinois and boost wind energy projects. Georgia-based Southwire Company, which has a plant in Flora, Ill., and Houston-based Clean Line Energy Pa... Read More
Clean coal plant would bring over 1,200 construction jobs
POWER giant Drax has revealed 1,250 jobs would be created during the construction of a pioneering clean coal plant in Yorkshire. The North Yorkshire power station operator, which supplies around seven per cent of the UK̢۪s electricity, is bidding for Government and European funds to build a carbon capture and storag... Read More
Construction Spending Supports 2012 Forecast
The U.S. Census Bureau reported that total construction spending increased 1.5% in December following a 0.4% rise in November. December total construction spending was $816.4 billion at a seasonally adjusted annual rate (SAAR). For the year, construction spending was down 2.0% from 2010. Nonresidential building construction spending pi... Read More
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We've just published a new edition of our newsletter! You can check it out on our website and get the latest information from ConstructionHotSpot.com. Let us know what you think! Read It Now Here Read More
Ahead of the Bell: Construction spending
Associated Press, WASHINGTON — Builders likely spent more on construction projects in January for the sixth straight month, buoyed by a modest rebound in homebuilding and mild weather. Economists forecast that construction spending rose 0.8 percent, according to a survey by FactSet. The Commerce Department will release th... Read More
Construction spending dipped 0.1 percent in January
WASHINGTON — A sharp drop in commercial building projects caused a slight decline in construction spending in January. But the dip comes after previous figures were revised much higher. Construction spending edged down 0.1 percent in January, the Commerce Department reported Thursday. That is the first drop since July. It follows... Read More
Bonus Withdrawal Puts Bankers in "Malaise"
By Max Abelson | Bloomberg Andrew Schiff was sitting in a traffic jam in California this month after giving a speech at an investment conference about gold. He turned off the satellite radio, got out of the car and screamed a profanity. "I'm not Zen at all, and when I'm freaking out about the situation, w... Read More
Keystone Pipeline Construction Could Begin Mid-Year: TransCanada CEO
By: Michelle Fox TransCanada is moving forward with the southern leg of its $7 billion Keystone XL oil pipeline, skirting a full-blown U.S. review, and hopes to begin construction by mid-year, the company's President and CEO Russ Girling told “The Kudlow Report” Monday. Mark Ralston | AFP | Getty ImagesThe Syncrude oil sands ... Read More