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Construction coalition appeals to Trump’s sense of competition and wage fairness

A late-January Associated Builders & Contractors study indicated how construction unemployment rates through the end of last year sustained a downward trend dating to 2010. “The ongoing year-over-year decline in the national unemployment rate is an indication of the health of the construction job market and its recovery from the deep recession,” explained economist Bernard Markstein, Ph.D., who analyzed U.S. Bureau of Labor Statistics December 2016 data for ABC. “However, the shortage of skilled construction workers is hindering the ability of the sector to grow, with more than 80 percent of Associated Builders and Contractors members reporting a shortage of appropriately skilled labor.”

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Mergers, acquisitions, musical chairs define back-to-back watershed years

Seven 2015–2016 deals mark the latest turning point in North American cement production and a key downstream segment, pipe and precast. Incumbent operators streamlined or broadened their market footprints while a newcomer from Mexico saw opportunity north of the Rio Grande. Two cement players’ deals realigned market leadership in concrete pipe and precast.

Read more: Mergers, acquisitions, musical chairs define back-to-back watershed years