Tag: economy

Hurricanes Pose Inflation, Labor Threats

November 28, 2017

The natural disasters that hit the United States and its commonwealths and territories in the third quarter of 2017 threaten to cause construction material and labor costs to rise. The costs associated with Hurricanes Harvey, Irma, and Maria are estimated at $295 billion, according to Moody’s Analytics. Contractors bidding on work starting in 2018 may […]

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Executive Order Expands Apprenticeships

August 24, 2017

President Trump on June 15 signed an executive order aimed at expanding apprenticeship programs and reducing the federal role in setting their requirements. The directive instructs the Department of Labor (DOL) to consider regulations to let third parties, such as companies, trade associations, and labor unions, develop guidelines for apprenticeship plans so they can be […]

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Architectural Firms Gain 9% in Revenue Over Previous Year

June 29, 2017

By Ken Simonson Pay and Revenue Total revenue for architectural and related services firms increased 1.4%, not seasonally adjusted, from the third quarter of 2016 (Q3 2016) to Q4 2016, and 9.4% from Q4 2015 to Q4 2016, according to the Census Bureau’s Quarterly Services Survey. Revenue for engineering services firms increased 0.8% for the […]

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One-Fifth of U.S. Architects and Engineers Are Immigrants

February 27, 2017

According to a report from Indeed, which used American Community Survey (ACS) to analyze employment status, occupation, birthplace, and citizenship, 19% of architects and engineers in the U.S. today are immigrants. Twenty-eight percent of the construction workforce is foreign-born. While immigrants do not constitute the majority of workers in any of the broad job sectors, […]

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