Equipment investing and capital spending in US in first half of year will be limited but activity will accelerate in second half of 2013.
Gradually translating into improved economic performance in nonresidential construction.
Increases in prices for gypsum, insulation, lumber and plywood offset declines in asphalt, steel mill products and iron ore costs.
Labor demand for Construction occupations has continued to rise in 2012.
Turner Construction Company announced that the Third Quarter 2012 Turner Building Cost Index – which measures costs in the non-residential building construction market in the United States – has increased to a value of 832. This reflects a 0.73% increase from the Second Quarter 2012 and 2.21% yearly increase from the Third Quarter 2011. Karl [...]