Articles Tagged with ''economy''

METALCON welcomed economist Alex Chausovsky of The Bundy Group to the keynote stage in Las Vegas on Oct. 22 for an insightful address focused on navigating the next phase of economic and industrial transformation.

Hays Americas has analyzed the direct and indirect impacts of U.S. government shutdowns on the world of work.

With federal data frozen by the shutdown, new industry reports reveal steady growth in design services but rising financial and labor pressures.

In August, architecture firms experienced continued softness, with an AIA/Deltek Architecture Billings Index (ABI) score of 47.2.

The AIA/Deltek Architecture Billings Index (ABI) continues to weaken posting a score of 46.2 for July, down from 46.8 in June, indicating that a majority of firms are still experiencing declining firm billings.  

Construction input prices increased 0.4% in July compared to the previous month, according to an Associated Builders and Contractors analysis of U.S. Bureau of Labor Statistics’ Producer Price Index data released.

With the Trump administration enacting a 50 percent tariff on steel and copper and a 25-35 percent tariff on lumber, construction businesses are rushing to figure out how they can stay ahead of costs, according to industry leaders at EPD. 

July’s payrolls grew by a meager 73,000, falling short of expectations; May and June numbers were each revised downward, while earnings remained flat.