Despite Deteriorating Economic Conditions, Nonresidential Construction Spending Projected to Increase through 2023
Construction spending on buildings is projected to increase just over nine percent this year and another six percent in 2023, according to a new report from the American Institute of Architects (AIAWhile the outlook for the broader economy has become more uncertain, the prospects for construction spending have improved since the beginning of the year.READ MORE
Fed Meets as Demand for Workers Stokes Red-Hot Labor Market
In an encouraging sign for efforts by Fed policymakers to rein in demand, new data showed that U.S. manufacturing slowed in October close to stagnation, with orders falling for the fourth time in five months. The Institute for Supply Management (ISM) index of manufacturing for October dipped 0.7 point to 50.2, just 0.2 point above the border between contraction and expansion.READ MORE
Improve Health Benefits in the Construction Industry to Improve Retention Employee retention in the construction industry is central to ongoing success, capturing market share and ongoing growth. Boosting employee retention has become that much more challenging since the start of the pandemic and the rise of lucrative tech jobs. READ MORE
Precast Construction Market work US $178.7 Billion by 2027 at a growth rate of 5.1% - IndustryARC IndustryARC, in its latest report, predicts that the precast construction market size is expected to reach US$178.7 billion by 2027, growing at a CAGR of around 5.1% from 2022 to 2027. READ MORE
5 Questions You're Likely to Be Asked in a Construction Interview (And How to Answer Them) Are you interviewing for a construction job? If so, you can expect to be asked a range of questions about your experience, skills, and motivation. It’s essential to prepare for these questions in advance so that you can give the best answers possible.READ MORE
Since 1967, The Birmingham Group has been considered one of the nations most respected Construction Executive Search and Consulting Firms. Our team of experienced search consultants can strategically work with your organization, from the hire of a key project manager, the planning and execution of building an entire team to create a new business unit, to the placement of your next CEO.
