The price of construction materials rose 1.3% in January 2023 alone, according to new data by Associated Builders and Contractors. In addition to being 1.3% higher than December 2022 figures, the prices are also 4.9% higher than this time last year, the smallest annual increase since January 2021.
“Recent employment and retail sales reports indicate that the economy is not slowing nearly as quickly as predicted,” said ABC Chief Economist Anirban Basu in reaction to the latest figures. “That is the good news. The bad news is that the economy remains overheated, a phenomenon neatly reflected in the January PPI data, which indicated that construction input price gains accelerated on a monthly basis. For instance, construction machinery and equipment prices expanded 3.4% in January and are up more than 12% during the past year.” Read the full Article Here! Out of more than 400 submissions, these 31 women stand as examples of how intuition, dedication and intelligence are shaping the industry. "Not long ago, it was unusual to find more than just a few women working in a skilled trade or leading a team on a construction project. While women still only make up a little more than 14% of the construction workforce, more join the industry as superintendents, project managers, department directors, CEOs and trades workers every year.
Women in construction are not only working to build some of the country’s largest and most important projects, they also are leaders in another important area: helping to recruit more women into the industry. Many women in construction act as mentors, teachers, and advocates to help elevate the industry and make it an attractive career option for other women." Read the Full Article from Construction Dive Here! |
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March 2025
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